Hopefully I can partner up with someone like you and hit the measly 2% rule.

My partner had two kids in FSU one just graduated and one finishing up this summer.

There are generally more active JV partners that are willing to partner with you on deals like this.

Consider partnering with local accredited investors (Dr's. lawyers. etc.) that have a more passive interest in RE investing.

On the fourth hand, it can be done with lines of credit and/or partners.

I am new to RE and have been approached by one of my 'partners' with information regarding a possible property that is up for sale.

The only ways around this that I can think of is with a local investment partner (which would be fine if you trust them) or a property manager, which cuts into your cash flow quite a bit.Similar to Andrew’s response, I’m just buying time, learning as much as I can about real estate, and keeping myself open to opportunities outside of real estate.

Also good to have a partner ie your spouse, to work together.

Just felt like I needed to partner with someone in order to rush for downpayment and have something a little sooner.

As an investor from out of state or area always suggested to partner in with an active operational partner that can oversee day to day.