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Updated about 2 years ago on . Most recent reply

Financing Partner Needed St. Louis, MO area
Looking to start over in the buy and hold rental arena. From Collinsville, IL, just outside of St. Louis, MO. Have 8 years buy, rehab, hold experience, self-management, and 15 years in construction and remodeling. 3 million dollar portfolio, 32 units (mostly SFRs, a few duplexes, and one 8-plex), over 1 million equity, 20k+ monthly gross rents. Possibly losing a significant portion to my ex girlfriend/former business partner due to my own stupidity on how we structured our business and filed taxes (trust is not a viable business model), coupled with her desire for me to burn in hell. Need a partner with strong W-2 or assets to secure financing, mostly for BRRRR method of investing, starting with SFRs. I have 800+ credit score. Your role could be limited to financing and bookkeeping (which we can outsource easily), unless you desire to take on additional roles. 50/50 split on rents, equity, everything. I have cash reserves, industry contacts, bank relationships, realtors, know my market, know how NOT to structure a partnership (hard-learned lessons in that department), have contractors, have tools (I DIY selective portions of rehab projects when it makes financial/time sense). I'm eager to get back to my former level of success, hopefully you're eager to make some money too. This will be my full-time venture. Let's work out a win-win scenario and build this wealth machine.