Thanks again.Samir, I agree with your proposition.

That is, if you enter into partnership under shared liability utilizing each individual’s respective assets, have an open planned discussion to separate the loan so that your financial future isn't dependent upon another's commitment to repayments.A few of these comments offer strong arguments surrounding accessing partnership loans without offering your property up as collateral, however, it's important to be realistic in that securing a business loan without leveraging the equity of your existing assets can make the proposition more challenging.

It doesn't have to be an either/or proposition.

Personally, I think 6 months of free work is a good tradeoff for learning the business, so if you have the time, I would consider that proposition to a good rehabber.Once you learn the art of rehabbing, you'll be about 80% off where you need to be for wholesaling.

And if you are trying to rent them for a while, but ultimately flip them for cap gains then this is a good proposition.

Make sure you hone in on your value proposition to not just the deal but the team as a whole and try to chip in something, even if it is fairly minimalIf I was the money partner in your scenario, I wouldn't partner up with someone who is bringing just the sweat equity without some sort of substantial skin in the game since it is far too easy in a situation like this for them to leave the other partners holding the bag if the project goes sideways

Knowing the value proposition is key to defining the opportunity.Location Analysis Real estate location analysis helps to evaluate potential properties and understand the local market.

Same amount goes into a $500k loan as a $50k loan, and can be a losing proposition for lenders due to regulatory pressure alone. 

The general value proposition would be to offer to cash out (purchase), partially cash out (purchase with seller-financing), or provide a consistent income stream for the current owner (master lease).4) Stay consistent in sending out letters, once per month follow-up.

It’s a little pricey but has the durability of tile and is much more waterproof than LVP and the speed at which it can be installed definitely helps the value proposition vs traditional tile.