What would impress you, even thou you know the new investor has no track record.

No requirement for true commercial yet).-- Have a track record for Real Estate Accounting (i.e.

But anyway, since we haven't proven ourselves, we don't have banks or credit unions ready to extend more credit to us at this point.

The bureaus need to be able to see that you're responsible in managing money and a track record of ability to pay on your obligations.This might come as a surprise, but some of the worst credit I've seen is from the wealthy.

We are considering a joint venture with the right candidate the financial can proven if neccesary.

Usually when they're in the house they're also in the yard and can get tracked back in when people are going in and out....it's much harder to eradicate them from the yard when you live in an area that doesn't freeze.

A proper analogy to some of this is, can you stop a speeding train by standing in front of it on the tracks?

I'm actually on the same track, planning on doing my first deal in January.One concern I have is with your best friend's mom as a source of funds.

But I think you will agree it’s a bit telling about our track record.Every customer we have ever had first says “ oh it seems to good to be true “ and then they repeat and do 3 or 4 townhomes with us.

You have 18 properties and a portfolio of several million (based on your average) so you have a pretty good track record behind you.