@Abby H.Shifting from house hacking to small multifamily is a great way to scale, and securing a JV partner is all about networking, credibility, and structuring a win-win deal.

It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.

As far as feasibility, you can absolutely use propwire, or propstream for that matter, to secure the list and then mail postcards to the owner info. 

This is exactly why you take a security deposit.

We will certainly manage the drawdown from those funds to account for tax consequences as best we can.I appreciate the calls for diversification and I get that cash flow is a tougher to secure with interest rates where they are.

I’d also prioritize getting pre-approved, securing financing, and starting small to build experience and momentum.Good luck!

Obviously, you should work with a good agent, lender, and home inspector to assist with each phase to ensure you are getting the best deal.

You are VERY easily able to open accounts remotely by just uploading your EIN doc and then once your biz account is open you can open additional accounts for things like holding your security deposits, reserves, etc.

I also tapped into portfolio loans and private lending networks to secure more flexible financing options.I’d be happy to share more details on how I structured these financing strategies—especially ways to access funding without upfront capital or limitations on deal volume

Understand what you are investing in....is it a secured loan, unsecured loan, membership interest in an entity that deploys capital like a feeder fund or direct membership interest in an entity that is the deed holder?