Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

92
Posts
17
Votes
Ana Nomys
  • Allenwood, NJ
17
Votes |
92
Posts

Is partnering outside my bubble possible With 20k.

Ana Nomys
  • Allenwood, NJ
Posted

Unique situation. I just received a little windfall of about 20k. Normally I would reach out to one of the investors I have partnered with in the past and do a deal. The investors I use are part of a niche group of professionals that just want to hand out money and get returns but offer no sweat equity or assistance what so ever beyond a check book. I am not complaining but I would really like to partner with an other REI that is willing to put in a little time and effort on a property with me and form a true REI relationship that is willing to do flipping with a grand plan of flipping at least until a small apartment building with 10-20 doors is acquired that is throwing some good passive returns (good is subjective so share in your thoughts on what good is in NJ). If we go beyond that awesome. I know the NJ markets very well and have had great success in flipping and SFH / small mixed B&H stuff in the past but feel NJ offers great flip opportunities to move up the ladder. If I had to travel to a neighboring state to acquire Bigger units I might entertain the idea as long as I have a working partner. Is this possible? Please share your thoughts.

Loading replies...