I am in a similar situation where I want to continue to purchase more rentals but am currently looking for a flip to generate more capital towards opening up more buy and hold opportunities.The partnership will be best suited if they both have the same objectives. 

Welcome Tyler Stanley To echo Kevin Hunter 's point, setting up keyword alerts is a great way to filter through the volume of content this site generates.

This obviously reduces the cash flow from the property itself since it is the equity that generated the cash flow and not the property.

By "my own," I mean I am my own Client.Is operating as an REA in the Bay Area an effective way to generate starting capital with which to invest?

Over time I want to build a diversified portfolio of assets to generate a steady flow of part-time passive income and maybe even achieve financial independence!

Our long term goal has been to own several rental properties generating a reasonable cash flow.  

I generate my own leads and talk to sellers directly to negotiate my own purchases so deals that ai pass up on or don't need to buy right now, I simply assign to other investors.

Both approach that is 3.5% and 20% downpayment has its advantages and disadvantages but if you ask me i would advice you to go for 20% downpayment if you have enough fund to finance the mortgage because the essence of having a successful real estate investing is to earn more, gain financial stability and build wealth through generation of consistent  positive cashflow and equity.

Not everyone has this problem...I have a massive and very strong buyers list, including real pro investors and developers looking for deals in NYCbut i need more properties in order to find for everyone exactly what they need,so two questions: (1) how to i generate a bigger flow of deals ?

Not trying to force anything but rather point you in the right direction to save you a lot of headache and money to accelerate you on your wealth generating path to success.