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Updated over 9 years ago on . Most recent reply

User Stats

241
Posts
21
Votes
Chad K.
  • Charlotte, NC
21
Votes |
241
Posts

If I get the funding would it be easy to find a experienced equity partner?

Chad K.
  • Charlotte, NC
Posted

I currently wholesale in Charlotte, North Carolina an came across a great multifamily deal that could be bought for around 40 percent of its ARV.While trying to get it under contract the property required a deposit that I couldn't afford. So I thought wouldn't it be great if I had the funds for the deposit/purchase price than ad a experienced partner to help me purchase the property. Also after speaking to a few funding sources they encouraged me to add to my experience. So I was wondering how everyone felt that once I'm approved for funding ( which I'm working on so I don't have deadline) would it be easy to find that experienced equity partner that would allow me to work under them an add to my knowledge?

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