i am wanting to place ads for investors...BUT.... what are the ins and outs of private investing so that it is a good deal for them and me.
say i find investors that want to just invest for a great return say 12 -15% anually with a $10,000 or more investment...
EXAMPLE: investor puts up $50,000@ 13.5% for 2years at the end of the 2 years his return would be $17,500 per year???? (plus his 50000 of course) AM I THINKING CORRECTLY OR CAN SOMEONE PLEASE EXPLAIN OR HAVE OTHER DETAILS ???????????????
then if i had others that just want to invest in each individual deal , say finance the deal , buy the property for cash , I have all the work done and we flip for a good profit, what is considered a return on a deal of that nature
example: purchase a property for $50000+closing cost (inv pays)
i have all the work done to rehab $40000 ( I pay)
I get the house sold for $140000 ($10000 closing and realtor fees) leaves a balance of $130000 what would be a good return for the investor.
THANKS SO MUCH DG FAMILY FOR YOUR HELP
I AM A VISUAL PERSON SO AS YOU CAN SEE I CAN SEE IT BETTER IF IT IS PLAIN (DUH)LOL LOL