In order to best serve my investing partners by minimizing risk and increasing the capacity for deals, I am now strongly considering pooling resources and opening up a Private Equity Fund.This is new territory for me and I am wondering if anyone has any experience starting or being involved with a Private Equity Fund?

Still, demand is high and supply remains low (except luxury rentals, which is in bubble territory right now).BTW, all units in this project sold last year for 2k less than asking across all 3 units and we were very fortunate to have all 3 go under contract right before the snow blitz began.After the sale, we did have to go back and remediate mold in the basement.  

He estimates they'll have about $200K to put down after their house sells where they live now, but SFRs where I live are easily in the $650K+ range, which puts them in jumbo mortgage territory and their credit score - at 650 - is falling short.However, they pointed me towards a house they saw on the market for $638K.

WI is new territory and a learning curve, but appears the is better opportunity than here in IL.

We always try to avoid problems but they come with the territory.    

With 5, he is in commercial territory.

I'm hunting in unchartered territory here.

Do you have any insight on areas that might be hot investment territories?

Also there are a stunning number of homes for lease in the New Territory area.

I happen to know a few different lenders (a mix of hard money and other cash investors) that might want to JV with someone with construction experience in your market territory.