Remember - a local bank or credit union because regional and national players are going to be less interested.

If you found someone that's willing and capable of investing their time/money for 25% of the profit on that size deal, take it and consider yourself lucky.

If this is one of your first flips, it will give you experience so you will know what works next time.1- Do you think they are capable of doing all the work?

Many times wholesalers want to "vet" potential buyers to make sure they are capable of closing when the time comes.

I can't wait to become an impact player in the field. 

You can meet a lot of the key players in your area at those meetings.

That guy turned out to be a really bad player, but I ended up meeting a much better partner in the area as a result.  

Go for it and show them what you are capable of!

@David Toupin & @Robb Smedema,Not to long ago, I had the idea that I would get money in residential so that I could then start my focus on commercial... someone asked me if you want to do commercial why are you screwing around trying to wholesale, that isn't what you really want so the motivation isn't going to be there and you are just wasting your time.Fast foward 6 months and now I work for one of the biggest banks in the world in their multifamily lending unit, learning from the people who do this day in day out, meeting the biggest players in the game.I have read a lot of posts authored by @Joel Owens and I have to admit the dude knows his sh*t (excuse my french bp)my advice, figure out specifically what you want to do in commercial do you want to own just multi family, do you want to own big box retail spaces, do you want to own shopping centers, do you want to own office centers or buildings???

In my experience, everyone wants to own a home, even those that aren't capable of being responsible and taking the appropriate steps with their finances.