OK, savvy investors, talk to me about your experience financing the purchase AND extensive rebuild of a multi family building!

Eventually, I'd like build a portfolio of 10 (potentially random number) properties.

Let's discuss potential synergies and how we can forge mutually beneficial relationships for the long term.

Feel free to reach out to me directly.Looking forward to connecting with all of you and building some prosperous partnerships here on BiggerPockets!

*This post does not create an attorney-client or CPA-Client relationship.

Going back to John's post and example, someone hired to shovel the driveway or complete handyman work seems like an independent contractor relationship, not an employee relationship.

Investment Info:

Large multi-family (5+ units) wholesale investment.

Purchase price: $1,000,000

Sale price: $30,000,000

Mixed use residential development in Richmond virginia

What made you ...

It's not necessary you form a relationship with the seller but it definitely doesn't hurt.

Ultimately our main goal build a portfolio of multiple different types of investment properties, buy and holds, rental properties, and fix/flips; but the wholesaling side of real estate seems like an attractive venture as we are just starting with little capital and it could provide us with a revenue stream to become a cash buyer. 

New people come into the community all the time and it has gotten quite competitive out there for lending, but if you can build a rapport with fix and flippers and wholesalers and you are fair in what you charge as a return on their lending request, you will have a borrower for life.