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Updated almost 2 years ago,

User Stats

63
Posts
22
Votes
Joshua Rogers
  • Investor
  • Collinsville, IL
22
Votes |
63
Posts

Financing Partner Needed St. Louis, MO area

Joshua Rogers
  • Investor
  • Collinsville, IL
Posted

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.

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