Partnership for multifamily in Palm Beach county FL

[Carlos Castellanos]

Hi fellow BPer's,

I’m looking into taking a shot at the multifamily (apartment complex) market for investing. I am considering partnering up with someone with experience to help make this leap.

I am focusing in the Palm Beach County area. I don’t have a lot of real estate investing experience but I do learn quickly and have the desire to invest and learn. I have cash from a 1031 exchange that I need put to work to help put towards a deal. I am looking for a partner that can bring both experience and cash.

Looking at small to mid size complexes (8-20 units) with "value add" opportunity in ‘B’ to ‘C’ areas.

If you are interested please reach out to me to discuss.

Thanks,

Carlos

[John Cohen]

@Carlos Castellanos you can use 1031 proceeds, in what is called a TIC (Tenant in Common). That can allow you to partner up with 1031 proceeds. I do multifamily syndications and have used that structure on a bunch of deals. If you have any more questions about that let me know