Have cash, but live in too hot of a market. Need a partner?

[Zachary Critchett]

Hello,

I recently listed my first property and I stand to make around $160,000 after closing costs. I lived in the property 2 out of the last 5 years so I won't be paying any capital gains tax. The market I'm in is so hot that finding a good deal is very difficult and it's also going to take a lot of cash to continue investing there. I want the money from this sale to stretch further so I'm looking for someone who has some creative ideas and would like to partner up for their next deal. If you're interested PM me and let me know what you think. Thank you!

- Zachary Critchett

[Keri Middaugh]

Hello Zachary,

I am a real estate investor in Michigan where the purchase prices are still recovering from the recession, but the rents are relatively high.  I am interested in building my portfolio, and am looking for a passive cash partner (we purchase the property together using your funding, I'll handle the management, and we split the yearly profit 50/50, also split profit after the sale of property down the line). I'll looking at a few small multi-family (duplex and tri-plex) in Wayne, MI with projected profit of $200 per door monthly.  Please reach out to me if you are interested in discussing this further.

Best wishes,

Keri (rehabber and holder in Ypsilanti, MI)