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Updated over 7 years ago,
First Property - Michigan
Hi all! I'm currently seeking out my first property in the Lake Orion/Rochester area of Michigan and don't have any experience in real estate. I have some liquidity, but not quite enough for a 20% down payment on a decent SFR.
My wife and I bought our first home earlier this year, but she feels more comfortable partnering with a friend whom also has no experience. I am debating if we should work with him. Has anybody had a similar dilemma? If so, what was the outcome?
If I could find a deal I know made sense, I could easily get the 20% down payment. Just looking for a little guidance. Thank you!