Our policy prior to showing or exploring 5+ unit investments is to have a dedicated or strategic lending partner fully qualify buyers with a clear and concise overview anticipated costs and timelines. 

Partnering with J.L.

Partnering with Julie Bilyeu provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

You may need to get a partner or come up with a more creative lending solution.

Partner Driven was interested in the Carriage Lane deal in Oakdale, CA, due to its high profit potential.

My partners and lenders would laugh me out of the room if I told them the property doesnt cash flow and just look at appreciation ... we only look for cash flowing assets and "hope" they appreciate along the way. 

My business partner spent over six months negotiating with the seller and we ultimately purchased at a 20% reduction from asking price.

If the project is co-owned in a limited partnership with them with them as the active partner as "developer" and you as a limited partner having no active role in the actual development process, this would be treated as capital gains income and you should absolutely use a 1031 Exchange to avoid these taxes.

Currently 22 turning 23 next month and my goal is to house hack with my partner for the next 10 years before venturing out. 

Do you have a family or a partner?