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Updated almost 7 years ago on . Most recent reply

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Corey Walz
  • Rental Property Investor
  • Chicago, IL
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How to someone to Joint Venture with?

Corey Walz
  • Rental Property Investor
  • Chicago, IL
Posted

All,

As you can probably guess, I am looking to close my first investment, but don't have proof of funds nor liquidity to put down an earnest money payment. I have significant experience in the syndication space (my old job as Director of Acquisitions), but have never had to raise earnest money and/or do a JV. Including networking, how can I find someone willing to JV?

Thank you in advance for any advice or resources I can read to educate myself! 

-Corey

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Corey,

Surprisingly, alot of my investors have literally come from the elevator pitch. People ask how I'm doing and I tell them I am doing real estate investing now. I tell everyone, the barber, the grocery lady, the waitress. If the opportunity arises for me to slip in a line or two, then I do and it has paid a plentiful amount of dividends. People know someone that knows someone that wants to invest. 

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