Taking on debt for a refi in 12 months

[Jonathan Gardner]

Hello everyone I am looking to partner with someone that is willing to take on debt with no money out of pocket. It is a duplex that is currently fully occupied bringing in $1,400 a month all utilities are separate besides water and sewer. 

I am able to Have the current owners puts another LLC or personal name on the deed of the property to go to the bank to do a cash out refi. This duplex is located right around the corner from my duplex and that appraised back in March of 2023 at $95,000. purchase price for this duplex is $66,000 and should have praised for the same amount if not actually a little bit more. This is a short-term play for whoever would want to joint venture As I would end up purchasing the property in my LLC within 12 months at market value. If anyone is interested in joint venturing on any multi-family properties near Fort Drum New York get a hold of me

[Andrew Postell]

@Jonathan Gardner well, this is certainly a different technique.  I would guide you to start locally for this really. The most likely route is private lending.  Try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. But post locally for this. That’s the best bet.