2 partners and I are looking to purchase a small, 13-unit office building in a bustling local town in northern NJ.My question is simple - Am I foolish for buying office space right now?

Do you want to own the asset yourself or would you like to be partners with someone else who may have more experience and you could be the money partner?

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

NAR has affiliates they partner with to sell everything under the sun to new agents at trade shows.

I’m here to learn as much as possible, network with experienced investors and agents, and find business partners who share similar goals.

Staying flexible and partnering with a skilled property manager or agent would be key to achieving long-term success.Good luck!

Know your market (or partner with someone who does) AND do research, research, and some more research.

The only other options I can see are A) your mom partnering with you rather then selling the property to you - you become 50% owner and bring the funds and management to the rental while she provides the existing equity as her contribution; or B) your mom lending you the rehab cash out of her personal funds while also seller financing the house to you. 

I partnered with Build 2 Rent because I believe that it offers the best of all worlds.  

Not sure if anyone is aware of this, but Marco's partner and CFO, Ronald Fossum, was charged with fraud by the SEC fairly recently and barred from participating in any type of similar activity.