Newbie with a question

[Adrian Buck]

I started in residential Real Estate sales following graduating from college. That was 2004 just as the market was getting hot. I dabbled in flipping properties and made some good money. Following the downturn I chose a different career path while maintaining my intention to build wealth through Real Estate.

I'm now in a financial position where I can realistically entertain the idea of investing. My dilemma is that I save slowly and don't have enough of a down-payment to buy a multi-family property (where I really want to invest).

I settled on the idea of buying an inexpensive first property while learning the ropes until a friend offered to fund some joint-venture investment properties. I'm trying to process what that would mean for someone like me who doesn't have nearly as much cash to put toward a property as my partner.

Have you found that partnering on deals is beneficial long-term? How have you structured it? Is it even a good idea?

Thanks BP! This has been a great learning experience so far!