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Updated about 7 hours ago on . Most recent reply

User Stats

5
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6
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Jessica Yuan
  • New to Real Estate
  • San Francisco Bay Area
6
Votes |
5
Posts

SF bay area advice on how to find partners on first deals

Jessica Yuan
  • New to Real Estate
  • San Francisco Bay Area
Posted

Hey everyone! I'm new to real estate investing and have been reading books, youtube videos, and talking to lenders/realtors. In bay area the single family homes are within my downpayment range but the rent I can get is barely worth the mortgage; multifamily seems to have more cashflow but I don't have enough money saved for such a downpayment. I saw a lot of people talk about partnering on their first deals, so I'm wondering if anyone could share their experiences and advice on how to find partners as new investor, this seems very daunting. What would the typical deal structure look like? and how did you persuade the other person to join you? how did you know you can trust them as well? 

Thank you so much, I appreciate your insights. 

  • Jessica Yuan
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