Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

18
Posts
3
Votes
Branden Van Matre
  • Rental Property Investor
  • Salem, IL
3
Votes |
18
Posts

Considering Silent Partner to Invest With on $500K+ MFH

Branden Van Matre
  • Rental Property Investor
  • Salem, IL
Posted

My family currently has 2 trailer parks and working on another. Many sellers of parks and apartments in my area offer seller financing but I'm low on liquid cash to invest. I will start another LL C to keep it separate. I have a lot in equity in houses I'm about to sell but I won't receive it in time to get in on one or more $500K+ deals. I have a great bank too that judges the place on cash flow, which is proper for commercial lending. Many properties have been neglected in our area but they are simple to force equity gains. Mostly light remodels which we do ourselves. Anyone have tips/pointers or interested in teaming up? Split ownership or flat rate for about 10-15 yrs preferred. Nothing off the table if the deals are great or excellent and still available. We don'g prefer good deals, just premium ones that can be all hired out soon after we do our magic and still profit good.

Loading replies...