Having your finances ready to pull the trigger at a moments notice is half the game.  

My name is Wendell, I am 26 years old and I am brand new to BiggerPockets, already love all the support and information in the community.I just wanted to layout where I am at in my investment journey as well as my initial game plan for really jumping straight into real estate investing.

After being in the game for a while, we can usually sense when something is off before we enter contract.

Looking a little bit like this;EXAMPLE:Est Sales Price: 150,000 (Loan in my name)20% down payment: $30,000 (money from silent investor)10% deal: $3,000 profit at the end of 6 months either broken down in monthly installments: $500 monthly pay out to silent investor for the 6 months or paid in full at end of 6 month term.They'd get their full investment paid back in 6 months plus the 10% earned either monthly or in full at the end of 6 months.My questions are as follows;Is this a good RTI for an investor? 

My suggestion was based on my belief you wanted to step into the game of rentals that your have been working around for years.

This will avoid issues down the road if she is flaky and using boyfriend to play the tenant game.

@Daniel VieyraAs others have stated, you need to understand how pass-through entities work and how there is no "profit" to be left in the company.Also, after you've paid yourself a reasonable salary, I believe the term for a S Corp is they pay out a distribution which is treated as a "dividend" for tax purposes. 

Two years and thousands of research hours later, I know a heck of a lot more and realize that he probably just sent out a mass text to investors he knew which is how you play the game, right?

@Steve Morris in the beginning yes it’s terrible but after you get a thick skin and get better at it’s a great tool I just wanted to see if anything had changed when I was out of the sales game.

But the name of the game is skate to where the puck is going....this market seems to have a vibe of affordable housing, space, yard, single family, etc... in my opinion Not sure about NY, but Cleveland has pockets of massive appreciation.Tremont, Lakewood, Ohio city - all neighborhoods of 2x-4x appreciation over 7-10 year horizon..... not sure now as I never had the stomach for the risk/reward.I always operate in the same market since I’m a high velocity flipper and deals exist all over the Midwest key is building relationships and trust in your market.