I am a massage therapist and I do a little bit of graphic design on the side (not much though)I know real estate has been hot here for quite awhile and I got interested in it almost a decade ago, but life happened and I forgot about it.

Purchase Price: $2MCap Rate: 13%NOI: $260,000Bank Loan: $1,500,000 Annual Loan Amount: $108,000 (30-year @ 6% APR)NOI - Annual Loan Amount = $152,000Now time to repay the investor that provided the down payment money: He would bring $500k to the table and we would set up a loan to give him an 8% return for 5 years.

It's one thing to terminate a lease to pursue a new opportunity; it's another to come to a closing table with a 5 to 6 figure check in order to get out from under a house.

[img][/img]Kitchen, built in 70's style dining table attached to left wall.

See how many of your offers get accepted and to the closing table.

My suggestion would be to do some online research and reach out to somebody through the website to get more information but plan on actually going to some of the meetings (which means traveling to the respective city for a day or two each month).That being said, I don't know if you'll have much luck finding somebody who will want to partner with somebody who has no experience and no money to bring to the table.

We are meeting soon to go over the first project, and I would like to come to the table with ideas on how I can not only help, but add value to his business, whether they are short term or long term solutions.

What are you bringing to the table and what is the structure of the deal?

I have access to the CRS, so I already know the mortgage amount and used an amortization table to calculate approximately what the remaining mortgage balance is.

we are new to game"" I'm just trying to get a feel for what we should do""we are just getting started""We don't have much heavy repair experience though""he brings the capital and a little bit more free time"I don't see what you are bringing to the table here in terms of real dollars.