Real Estate Investing strategies
Hey Everyone!
So this is my current situation...
I am a Philadelphia based realtor. I am gaining more and more market knowledge each passing day and love seeing all these exciting opportunities that surround me in the Philadelphia market. My initial goal was to close a few transactions and take that money right into a triplex/quadruplex. The more I research the more and more I hear about real estate syndication. There are a ton of pros for the syndication, especially for someone with little to no money. My question to the BP community is do I stay patient and wait to close transactions and gain knowledge through triplex acquisition, and from there when I am more experienced look into the syndication? Or right now take my available time and knowledge and try piecing together these deals with outside capitol??
Thanks! I appreciate any thoughts on the topic.
Most Popular Reply
How do you suppose you'd raise capital without any prior ownership of real estate. Not saying it's not possible, just I think you'd find it more difficult.