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Updated almost 4 years ago on . Most recent reply
Finding partner(s) for apartment investing
Hello BP family,
I'm an overseas American looking to jump into RE investing.
I am currently considering two strategies.. Either turnkey sfh investing or apartment complex investing .. I'm investing for cash flow ( goal of $3000 month net for myself) and through my research have yet to find a better cash cow than commercial mf ..even the lukewarm deals there cash flow better than turnkey sfh's
I have been in talks with brokers and have seen some decent deals on the MLS but have struggled to find reasonable financing because I have 0 investing experience.
Anyone have advice on how to find a willing and experienced partner who can be my boots on the ground and mentor on the journey? I can provide the bulk of the capital while partner finds the deal, guarantees the loan, etc.
Most Popular Reply
![Joshua McMillion's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1438756/1631872836-avatar-joshuamillion.jpg?twic=v1/output=image/crop=605x605@0x17/cover=128x128&v=2)
I would start by networking in the markets you want to invest in. You can do that either through targeted BiggerPockets forums, joining local meet-ups, or finding a mastermind group. Personally, I joined a mastermind group and have had several opportunities to partner. Be transparent and tell people, just like you are doing, what you are looking for.
Sincerely,
Josh