You are getting a million dollar property with a positive cash flow by just putting $10,000 - if you can pull this off, sure, go ahead.Having said that, the Cash on Cash ROI is 37% with next to nothing Cap Rate.

You man not know all the steps to flipping or to BRRRR-ing a property but as long as you know one or two steps in front and have a resource you can go to for the next few steps, then take action.

Hey @Aditya Maini If you are using a low down payment, its not really realistic to expect to be cash flow positive.

Well done on taking action!

If you only spent money you borrowed from HELOC to buy these properties, then you just created FREE positive cashflow with $0 out of your pocket!

I look forward to the positive feedback and support I constantly see throughout the Bigger Pockets Community.

Must have references that are positive, employer that is positive (or verifiable consistent income), 1st last and security, and complete background and credit check. 

So, they will want to know that you are serious and in it for the long haul before they start giving you equity in the deal.Honestly, if I was in your position as a new investor with no experience who found an experienced investor to partner with, I would be less focused on how much money I will get paid in the short-term and more so on how I will use the experience I gain to make exponentially more $ in the future. 

It's crazy what some positive face time and or agent who's well networked can get done for you...From an investor standpoint, if your going out of state get higher end stuff.

@Paul Sandhu I give props to that guy - he took action.