Readers should seek professional advice.

A prudent investor doesn't seek quick riches through shortcuts.

Readers should seek professional advice.

Readers should seek professional advice.

So i am not currently actively seeking brrrr opportunities (but if one fell into my lap, i would no complain).Likely the most sure value add in So Cal at this point are lot splits.  

You and the other posters here have been generous in indulging me in this exercise of considering this "partnership" / BRRRR, but demonstrating that we can invest successfully on our own power before seeking out partners is not only my strong preference but just sound business logic.As a new investor my head starts to spin when I start to think about investing, and the many gaps in my knowledge reveal themselves: how to structure a partnership? 

Shiloh, the poster above, seems to find investors and I don’t think he has to offer a discount (most people trying to partner on a property are probably finding properties that are selling for close to retail and then they seek partners with whom to purchase the property and therefore don’t even have a chance at offering a discount since they don’t already own the property as I do).

Hi BiggerPockets community,

We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD. We’re relatively new to real estate investi...

Readers should seek professional advice.

Also posted in Getting Started Forum, but figured multifamily category may also generate some responses...so posting here as well. Thanks in advance for sharing your expertise!I’m currently evaluating whether to go wi...