We don't have funding, but are trying to build and save for this.

@David Lund Primary financial goal is to sell my STR and invest all the proceeds into BAM's next Fund!

For instance, if I manage to raise private capital to fund a deal and purchase a successful rental property, how would this actually benefit ME when I have no skin in the game (i.e. money of my own invested)?

Background context:I have a 805 credit score, low DTI and attempting to secure the lowest cash out refi to pay off a debt ($50k).

For me the appropriate number of credit cards is 4 with kind of higher limits, $15-20,000 and then I’ve got a Lowes card and getting higher credit on that thing is like pulling teeth!

At the end of the day it is $100 on a purchase that is likely low 6 figures.

If I'm using Google AI, result is not that good: A capital call, also known as a draw down, is when a real estate investment fund or partnership asks investors for more money to cover expenses.

In fact, Partners 4 and 5 fund a small portion of the deal, do no borrowing and get an equal share if I'm not mistaken?

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

I have a possible partnership on the table where the partner funds the deal 100%.