It is one thing to make money; it is a completely different strategy to building wealth.Legal advice from an attorney and a financial planner you hire will be the cheapest and wisest investment you will ever make.Moreover, every investment, partnership, and individual is unique.

And contrary to popular belief that 100% is always the goal, this is not true. 100% occupancy is actually a bad thing because it means that our rates are too low, our marketing budget is being wasted because we have to send any leads to our competitors and, most importantly, it is a trigger for other investors to move in to your market.

I'd like to do the same kind of partnership w/ someone but not quite sure how to find one. :-)

lol Was on the prowl for years, then finally pulled the trigger when prices bottomed out.

I just wanna collect as much information about the Southern California market as I can before I pull the trigger.

City code enforcement got wind of it and it triggered a huge code violation.

Could be different for 203k or a partnership but for HML that would be about the lowest you could start with and most want to see reserves more than that.Rehabbing is going to be tough without much money because not only do you need money to get into the deal (skin in the game) but you need money to front the rehab and keep it going.

When you partner with 'dis-qualified' parties it must be done from inception, and can never change percentages etc...I was under the impression that the 3 of us as a partnership can not lend to any of us outside of the SDIRAs.

I want to pull the trigger, but the round isn't chambered....

I have a house under contract for 138k. ARV is 240k. Rehab is 30k. I'm offering half of the net profit to an investor who can provide all the funding. Do you consider this to be a fair deal for both sides? I'm also a ...