OK, here is the deal.
My business partners and I each have particular strengths in Real Estate Investing.
Me and Another Guy: Putting Multi-unit Development Deals together.
Another Guy: Marketing For and closing pre-foreclosure deals.
Here is the homework problem:
You can find more deals than you have the cash or credit to do. In addition, because you have been doing this for a while, other investors, agents, birddogs, mortgage brokers, etc. bring deals to you.
You create cash flow by buying properties at a substantial discount and can come up with the cash to do them. You have some homeruns from putting development deals together such as condo developments and land subdivision deals.
You have a pool of investors or 1 big investor who has $10M in cash or credit who will be the funding for your deals…if you can convince them with the right business plan.
How do you set up your business plan?