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Updated almost 4 years ago on . Most recent reply

User Stats

14
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12
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E Ibrahim
  • New to Real Estate
12
Votes |
14
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Finding partner(s) for apartment investing

E Ibrahim
  • New to Real Estate
Posted

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

User Stats

487
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658
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Joshua McMillion
  • Rental Property Investor
  • Madison, AL
658
Votes |
487
Posts
Joshua McMillion
  • Rental Property Investor
  • Madison, AL
Replied

@E Ibrahim

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 

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