Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Private Lending & Conventional Mortgage Advice
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 almost 6 years ago on .

User Stats

7
Posts
0
Votes
Joseph LoPresti
0
Votes |
7
Posts

Investor backing on property acquisition

Joseph LoPresti
Posted

Hi,

Newer to this and some folks have sent me great lenders to partner with, which I really appreciate. Thanks again to those that helped out!

My partner and I have formed a company, LLC. We have construction, realty and financial expertise in house. He is a realtor and owns a construction company that handles high end residential and commercial. I work in asset management and have a deep knowledge of investments. My clients are the largest institutional investors in America. We are looking for a partner(s) to back us on acquisition and rehab for high end residential, multi-use and commercial projects. We want a pref equity type partnership where the partner takes a 12-15% return on investment annually, no equity on the properties. Basically, we need a banker but prefer less red tape than our local banks.

We are both highly qualified and have a strong business model with superior cost controls, specializing in Westchester County, NY but open to nearby areas. We carefully analyze and select deals for maximum return potential based upon our collective knowledge of real estate and investments.

If anyone has advice on sourcing these kinds of partners please reply thank you!