Question on partnering - Posted by jw

import · June 25, 2003, 7:52pm

Posted by jw on June 30, 2003 at 17:58:30:

thanks for your input.
I am doing wholesaling right now(“flipping”),
just thought this might be another avenue for potential deals that could be put to use. thx

import · June 25, 2003, 7:52pm

Posted by jw on June 25, 2003 at 19:52:37:

Senario:
There’s a real estate agent who wants to be an investor and has access to decent deal (leads) but no cash and needs investors who have cash or access to it.

I am an aspiring newbie trying to find my way but am focusing initially on wholesaling(to build my base). I have no money, bad credit, but a will to succeed.

What can I do?
How can I partner with this agent to the benefit of us both?
How would hard money lenders factor in?
I kind of sense some type of opportunity but don’t have a clue as to what.

Can someone shine some light on this.

Thanks in advance.

import · June 25, 2003, 11:36pm

I agree with dell - Posted by IB (NJ)

Posted by IB (NJ) on June 25, 2003 at 23:36:43:

the both of you need money partners, not each other.

import · June 25, 2003, 11:20pm

Re: Question on partnering - Posted by dell-ohio

Posted by dell-ohio on June 25, 2003 at 23:20:19:

A person without money and without credit needs a money partner not a real estate agent in a similar situation.

Realtors services can be gotten without giving up half of your profits to someone who cant deliver. You still need a money partner, unless you are flipping.

Realtor finding deals, I wouldnt count on it. Learn how to find your own deals, after you do a few, they will pop up everywhere.

My Viewpoint

del-ohio

import · June 30, 2003, 5:57pm

Re: I agree with dell - Posted by jw

Posted by jw on June 30, 2003 at 17:57:23:

thanks for your input.
I am doing wholesaling right now(“flipping”),
just thought this might be another avenue for potential deals that could be put to use. thx