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Updated almost 6 years ago, 01/28/2019
Should I be investing right now?
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.