Long term wealth, flipping, private funding, partnership in apartments?

Hello, I'm working on a 6 Unit and a 60 Units apartment building for buy and hold. The sellers will finance 20% for each deal. I need an investor/jv and a attorney with syndication experience. Thanks.

@John HixonThanks for the kind words@Mark KvamThe following people I think should be consulted regarding your mobile home park purchase@John Fedro@Curt Smith@Ken RishelMaster lease options in general is where we "guaranteeing the net operating income NOI" on a master lease, have an option to purchase based on NOI, and then turning around the investmentAll leases are turned over to you as a master tenant and you in turn sublease  outThink of a poorly managed apartment building, with a low NOIYou increase rents over time and decrease expenses and efficiency of managementWith a master lease option, you can sell your option or exercise your optionMobile home park negotiations, I would think that that's a late sale and purchase agreement with a large down payment would be the most prudent way to approach it, you may need private money to execute the  sale and purchase agreement@Bill GulleyMight have a few ideas too

If you can use the funds funds in your 401k to do some private lending for example and generate 10-12% return on your money AND if you can personally find a loan at say 8% - you'll be better off doing that instead of borrowing from your 401k.3.

Becoming private lender sounds like a good idea, will look into that and keep options open.

Key ways you could do that are using your own money, or private money at a good rate, or working as your own agent.

Later you can use your own when you have built your Roth/IRA as well as private and bank money.But do these things and you will be on a solid path and of course you will need to find your own way and make those mostly minor and occasionally major adjustments of your own - as well as use BP as a great tool to learn and move forward.Good luck!

They have the means to private money which will fund 85%, while I have the remaining 15% - this is where I come in - kind of a third wheel.The agreement is that I contribute my private money and some time for basic rehab, in return for the experience, learning and 15% of net profits, and of course my 15% of initial capital, while they split the rest among themselves.They said  that they will write up all of our contracts, including mine for the 15% initial project capital, as well as, my 15% return on net profit. 

I really don't want to purchase these properties privately (do not have an LLC yet).

@Jon AcostaOn a free and clear house, no work, great condition, great location, offer an installment sale, for a buy and hold property for yourself.Get the payment to owner low enough below market rent for a great cashflow to support PITI and maintenance and vacancy; purchase price can be $125,000.payments to seller (market rent - 350) or better.Installment sales have imputed interest (See Applicable Federal Rates IRS)I would offer cash or terms, cash is .70 x arv - repairs.Owning private mortgage paper is better than owning property: no toilets, tenants, or law suits.