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Updated over 4 years ago on . Most recent reply
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Wanted: Experienced Partner in Multi-family
Hi,
Over the past couple years, I have gained experience by doing a few single family/duplex deals and a small commercial deal in the South East.
I lack experience and relationships in the commercial space but I do have capital. I'm eager to go bigger on the next deal with a GP position. I'm currently looking for a partner with experience in the multi-family space who needs a capital partner.
If you're keen to network, please reach out.
Thanks!
Luke
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Originally posted by @Luke Hadden:
@Greg Dickerson - Great point and thank you for calling this out. I'm referring to properties with loan requirements well above $1m. No personal guarantees required. Regardless, my partner and I have a very strong balance sheet. Thanks!
Non-recourse loans still require a personal guarantee from someone with a net worth equal to the loan.