Advice about JV partners
I'm doing a 1031 exchange in 2017 and I'm going to hold back some cash. I'm thinking about seeking a joint venture partner for flips. They oversee most of the work and I could bring 200k, maybe more, to the table. I was thinking about partnering with a wholesaler or experienced agent who wants to get into rehabbing. I'm pretty much priced out of my market in San Diego right now. I wouldn't be interested in slim deals or slow moving markets. Equity split would probably depend on their experience. What do you all think? How hard would it be to find a partner who is looking for this?