They must understand the qualifications, knowledge level, and ability of potential Equity Partners' ability to make investment decisions.

How many units, properties, how fast can you acquire, are you full or partner, etc. 

I hear what you're saying about no money but one option is to partner with your parents.

They are the ones putting their money at risk in lending it to you.If you are relying on Capital, then you use your savings of $50k to buy a house Subject To or on a Wrap and start investing.If you are relying on Knowledge, you team up with someone who has either Credit or Capital or Both and you provide the marketing and acquisition, then the rehab if you are doing rehabs, then the sales of the property and your partner provides the Credit & the Capital.In this case you have knowledge, knowledge of a good deal.

If you are a newbie in the multi-family space, I would suggest first learning the business and doing some deals on your own or with partners that have experience or even investing in a syndication.

If you already have a relationship with a few local lenders in your area, I'm sure one of them would want to partner with you!

The best way is to have partner with your parents on the deal.

Hello EveryoneMy partner has filed for an LLC (Cincinnati, Ohio) back in February as a single member and we have made an Amendment to include me as a 50% owner in the LLC.

Or if you get to the point where you're ready to invest and would consider partnering up, just shoot me a message.

I think I can find the right partner because it is a pretty good deal.