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Updated about 5 years ago,
Partnering with Friends to Invest in Multifamily
Trying to put an investment team together to buy multifamily units and open up free cash flow.
Currently 3 of us are capable of putting between 30-50k down but wonder if it is enough to get an amount of units that would get us into positive cash flow.
Also since this is between friends I imagine the LLC would be essential to draw out the plans that everyone agrees to.
Any advice or ideas would be greatly welcomed.