I just don't see learning enough to justify the expence unless it would make a big difference in acquiring clients. 

I have figured out through the BRRR method and my relationship with my lender I don't need a partner, but would be great to have someone help accelerate the acquiring process. 

The members and I are looking for a lender that would a lender that we can build a long term relationship with as we continue to acquire more properties.

I have two main goals of posting today 1) To let folks know that it is possible to successfully invest in higher priced cities with little money out of pocket, and 2) To build relationships so that I can partner with other individuals and acquire properties that perform at or above a 12 percent Cash on Cash return (whether through private lending or a structured partnership).

You can't just acquire a property and say, "Oh, it's mine now, I can do as I damn well please."

Anyhow, my potential partners and I have been discussing the idea of acquiring an FHA loan for a local multifamily (one of us living in one unit), but are unsure how we would handle the loan in regards to a potential partnership.

Hi @Jennifer Bayhi Gennaro, You can structure the acquisition of the Replacement Property so that you (1) acquire in your individual names as 50/50 tenants in common and then contribute into your own LLC as long as it is considered to be a disregarded LLC. 

I have successfully been leasing that property since 07’ and have since acquired 2 additional rental properties in Texas. 

Any thoughts on using a technique like this to acquire our first multi family rental property.

In PA, the law presumes that everything you and your spouse own everything you acquire during your marriage as “tenants by the entirety.”