Looking for partners or private investors to build multifamily portfolio

[Jourdan Mercer]

I'm a fairly new investor trying to get into real estate investing.  My biggest hurdle has been startup capital.  

I live in Hopkinton, Massachusetts.  Ideally, I'm looking to invest within an hour or so radius from Hopkinton.  

I'm interested in multifamily properties of all sizes as long as the numbers work.  I'd like to start small and gradually work my way up.

I'm also looking for waterfront properties that I could turn into airbnb's.

I'm looking to buy and hold.  Exit strategy would be to re-finance.

I love the idea of getting Brrrr properties and fixing them up and adding value to them.

I'm also a licensed GC in Mass and have remodeled over 50 homes through the years.  I currently work in a custom cabinet shop and want to get into investing full time.  I would love to do some of the work myself and anything I'm not comfortable doing or don't have the time for I'll sub out.

I'm looking for someone who would like to join me in my investing adventures that would bring things to the table that I don't bring myself.  One of those things is capital.  I have some capital, but I'm looking for someone who can cover the down payments.  I'm more than happy to discuss what kind of split there would be and the terms and all that.   

I'm very easy going and very easy to work with.  I'm a perfectionist and I do things right the first time.  I'm always trying to educate myself more and learn new ways to do things.

[Percy N.]

Quote from @Jourdan Mercer:

Percy N.

I've been trying to do just that. I went to 3 REI meetups in the last 2 weeks and I'm going to another one this coming week if not 2. I've been trying to build my network and find someone. I haven't found the right person just yet, so I thought I would give this a try and throw another line in the pond.

Do you have any suggestions on how to present asking for a partner in person to someone that I've just met?  Should I ask people, if they know anyone who might be interested in being a private money investor?

@Jourdan, with your experience, it should be pretty easy to find partners or capital from hard money lenders. Even though you have experience in contracting, if possible, do a project or two for an experienced investor who can show you the ropes for investing yourself and who may become your capital source.

If you tell people at the REIA about your contractor background and that you are looking to build a team so that you can do this full-time, they will automatically come to you. It may not happen in the first meeting or two but keep going to these meetings, offer to visit and bid on projects for other investors and see who the real players are.

Many moons ago I had started out by providing capital to contractors for flips and partnering on them 50/50.

There are many lending firms like LendingOne, RVN, other lenders are even on this site that may fund the right deals.