Business partners can do this as well!

My partner and I are pursuing a 100 unit property in Washington State, wondering if anyone can recommend good insurance agent?

I was really hoping it was legit because I've been searching for someone with more money than time to partner with so that I could invest their money into tax liens and deeds.

One of my partners, Nick Aalerud, is fond of a variation on the Nike motto: his is Shut up and do it!

My partner (Ginny) and I have been looking for our first property for about 5 months.

Networking is key in this business, don’t look at your competitors as competition, look at them as strategic business partners and leverage that relationship to benefit both of you.

I'm not quite sure on the exact procedural details (as far as the contracts and paperwork would go), but I've been browsing around the site, and I'm sure I'll keep running into good information.I'm really looking for any potential partners or mentors in Gainesville that could help me develop in this aspect.

Your partner deferring payment until the prop sells is perfectly fine and makes sense to mitigate the risk of running out of money (which would necessitate borrowing from a party that is not disqualified, or selling project "as is", likely at a loss).If you had personal cash, you could also partner with your IRA on the front end of the deal (take title in both names), at a predefined % split.Be aware that flipping profits in IRA accounts are potentially subject to the stiff UBIT tax, based on "intent" to flip, which would be determined by the facts of a given case, as well as pattern of activity.

I am currently a Realtor/property manager, one of my clients whose properties I managed and sold 1 of his flips, wants to go into business.

His credit is not strong enough to get a loan, however my credit is. The ba...

Get a very experience partner with a successful history of doing what your goals are.