The technique of real estate flipping is simple: An investor finds low priced property to buy and in 12 months or less, “flips” (sells) the property to someone else for a profit. With the collapse of the real estate market, however, many mortgage companies are not any longer dealing in investment funds. With these banking shifts, many investors are now on the lookout for other investors to partner with.
Join a real residence investment club. The fastest and simplest way to meet other option traders is by joining a real estate investment club. These clubs not only provide information about how become a the property market investor, but also provide members a chance to network and partner collectively.
Find an investor on line. Use websites such as www.partnerup.com to connect with other investors who need partners to flip buildings. Members of these websites often post their home elevators forums, detailing whether they need another investor to partner with, or if they want to provide money as a silent partner for the return investment.
Become a bird dawg (pup). A bird dawg can be a nickname given to people who scout out properties for other investors. Since they often do not have funds available to pay for their own properties, they initially work for other investors to locate properties investors may wish to buy. Starting at this entry level position will allow you to show the investor that there is an eye for real estate and often leads to your investor helping you with all your first flip.
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