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Updated almost 6 years ago,

Account Closed
  • North New Jersey, USA
7
Votes |
17
Posts

Little Experience and Money. Why would someone partner with me?

Account Closed
  • North New Jersey, USA
Posted

Although the title sounds depressing, it's not. 

It's a matter of fact question. 

As someone who is new to the REI game and deals, loans, etc. seem out of reach, partnering up seems like the way to go. But what's in it for that person who's funding the deal?

Is me finding a quality property manager, dealing with the management itself, collecting rents, etc enough for them to fund the deal and/or take out the loan under their name? They're not doing any work, just funding the deal and receiving their capital back plus interest. 

Do I have it right? 

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