Partners, Financing, and First Deal

[Adam Tamer]

My name is Adam Tamer, and this is my first post on Biggerpockets.com despite being a listener to the podcast for the past few years. I'm 22 years old, currently in my first job (CRE) out of college and am looking to buy my first investment property. 

I live in Chicago but am looking to invest primarily in Columbus, Ohio. Because I don't have a lot of capital saved up yet, I'm trying to partner with someone who is able to help finance the property. 

To the bigger pockets community - I would love any advice on partnerships and financing with having little money myself (or any general advice!). More specifically, should I look for someone to be put on the mortgage with me? Or what is your experience with lenders when you have a cash partner for the down payment? Any insight is appreciated! Thanks!

[Kevin Bartlett]

Hi Adam, just wanted to say welcome to the BP Community! I'm down in the SWFL area but you'll find lots of great resources here for your area!