We are a small partnership with 4-5 properties currently, but we are growing and hoping to find a reliable lending partner that we can do repeat business with.About 3 months ago, we successfully completed a BRRRR deal where we had excellent numbers, over a 1.25 ratio at 75% LTV, our guarantor partner has an 800+ credit score, and we had no issues qualifying for the loan.

Almost every partnership fails and many end like a bad divorce.

Or, depending on the property you could go non-QM with like a DSCR loan and close in an LLC or partnership.

The fact of the matter is, when you sell or buy a business, you are entering into a business partnership with the person on the other end of the transaction.Yes, the partnership is limited (partial buyouts aside), but what you will be accomplishing during your time together is significant.Due diligence can take months.

I'm also hopeful to get some local cooperation now that he's claiming partnerships with local government. 

While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.

While you work on that, you could also explore creative financing options like DSCR loans or partnerships to fast-track your first STR.

Partnerships........find a partner while you have a 9 to 5

Currently I am working in partnership on a luxury Air Bnb property in the Philippines to familiarize myself in short-term rentals.I live in Cerritos, CA and am looking to invest into a multi-family home to house-hack in Orange County, CA to get started.I will need a residential agent and possibly a contractor.I look forward to learning and hopefully working with you all!

I love how you emphasized the importance of educating investors about the market cycle and long-term strategies—it’s all about creating a win-win partnership.