Our Angelcap Networkers are extroverted people who love to go out and meet like minded people. Their job is to build real authentic relationships with real estate professionals.
Wholesalers, Fix n Flip Investors and BRRRR Investors are just a few of the people our networkers are networking with as they build their business.
Our Networkers spend their time in Real Estate Facebook groups and Real Estate Forums meeting people and scheduling phone/zoom meetings to discuss their business and their business needs.
They are also going to live Real Estate Meetup Events to meet and talk to Real Estate Professionals and Investors directly because this is the most powerful form of networking.
If they find a investor in need of capital for wholesaling or fix n flipping, they earn commissions when their contact becomes a borrower with Angelcap.
They earn a commission on every deal their borrower does with Angelcap and can come in the form of a EMD/Double Close Transactional Loan.
They can also earn a commission if their borrower gets a Hard Money Loan with our Hard Money Lenders and/or they can earn a commission if their borrower does a Private Money Deal with our Private Money Lenders.
Why this is a JV Partnership
We have this setup as a partnership because of the nature of the business model.
Our money is made when these deals go to closing at the title company and the deal is closed.
Angelcap would have a JV Agreement with you the networker and we would pay you $1,000 for every deal your borrower closes with us in a private money deal.
If your borrower needs money for an Earnest Money Deposit or a Double Closing, we will split the profit made from those deals 50/50.
Typically, we would bring in a lender for those deals and Angelcap would get half and the Private Money Lender would get half.
So, we have a separate JV agreement where the Networker will receive 50% of Angelcap’s profit split.
For an example, if we are doing a EMD or double close and $8,000 is the profit from the deal…
Lender would get $4,000
Angelcap would get $2000
Networker would get $2,000
If your borrower needs a Hard Money Loan, we have partnered with a great hard money lender who can service your borrower in a variety of ways.
We will set up a JV agreement where you will receive $1,000 from those deals.
There are bigger chunks of money to be made with transactional loans but PML deals are more abundant and sought after. They also require much more expertise, work and time because of the risk involved to the Private lenders.
The Networker doesn’t have to do any of the work involved in the PML deals but still receives $1,000 for bringing the deal to the table through their relationship with the borrower.
Recap of the Compensation
Angelcap does a 50/50 split JV agreement with our lenders on all transactional deals. (EMD/Double Closes)
Angelcap will split our earnings 50/50 with you, the Networker.
EMD Deals – We split Angelcap’s earnings 50/50
Double Closing Deals – We split Angelcap’s earnings 50/50
Hard Money Deals – Networker earns $1,000 commission on each deal
PML Deals – Networker earns $1,000 commission on each deal
If you are interested in being a JV Partner with Angelcap as a Networker, please fill out our form so we can get in contact with you.