Should I be investing right now?

[Mauricio Rezende]

Question: I have yet to do my first deal as an investor and would like to buy a single or multifamily unit that has some value-add so once the property is rehabbed I can cash out refinance. I'm also a licensed realtor and have started to attend CFRI meetings. Ideally I'd like to partner up with someone that has experience with flips or rehabbing properties and use a hard money lender to fund the deal. My question is, are my expectations too high for someone with no investor experience other than running numbers on properties or is there a way I haven't thought about yet that I could add more value to a partnership (doesn't have to be a 50/50 either). I'd love to hear experienced investor thoughts. As a side, I don't currently have any money of my own to contribute since I'm in the middle of planning a wedding and my credit score is around 678.

[Ned Carey]

@Mauricio Rezende there are basically three things needed for a deal

1. The property
2. The money
3. The time and experience to get the job done

It sounds like you are in a position to bring the deal. That is the value you bring to the partnership. Right now truly good deals are hard to find so that has real value today. Since you are not expecting it to be 50/50, I would think you should be able to find a partner.