#056: What’s the best way to get your fix and flip deal funded?

0:48 – Welcoming Arval back to the show and introducing the topic for the conversation: looking at risk mitigation in deals from both the active perspective of looking for funding and the passive perspective of looking for deals to invest in. 

2:04 – Describing Arval’s process for risk mitigation in deals. 

4:48 – The three things to look at when analyzing a deal. 

5:50 – Arval’s process for looking at budgets. 

7:07 – How to dig into complexities in a deal, like who the team is and how they work together; the 5 Cs of credit. 

9:18 – An example of how character can affect deals. 

11:54 – Using and interpreting background and credit checks to vet potential team members. 

15:05 – Arval’s advice for active investors when they’re approaching potential funding partners and the importance of an abundance mindset. 

19:19 -How Arval approaches background checks and his red flags. 

20:34 – Looking at motivating factors when considering deal partners and an example from Tom’s experience. 

25:27 – Handling inspections before and during deals. 

27:46 – Examining alignment of interests during the inspection process. 

29:57 – Ensuring everyone has adequate skin in the game. 

32:47 – An approach Tom has used to show money partners he’s serious about a deal. 

34:53 – Additional benefits to that approach. 

36:43 – Arval’s checklist for projects as well as Tom’s advice on keeping and adding to a checklist. 

Resources and Links Mentioned: 

Trinity 

Land Gorilla 

Contact Arval: 

Turnkey Capital Group 

Email info@turnkeycapitalgroup.com for questions or to ask about their risk mitigation checklist. 

Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com