Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

Account Closed
  • North New Jersey, USA
7
Votes |
17
Posts

Little Experience and Money. Why would someone partner with me?

Account Closed
  • North New Jersey, USA
Posted

Although the title sounds depressing, it's not. 

It's a matter of fact question. 

As someone who is new to the REI game and deals, loans, etc. seem out of reach, partnering up seems like the way to go. But what's in it for that person who's funding the deal?

Is me finding a quality property manager, dealing with the management itself, collecting rents, etc enough for them to fund the deal and/or take out the loan under their name? They're not doing any work, just funding the deal and receiving their capital back plus interest. 

Do I have it right? 

Most Popular Reply

User Stats

2,261
Posts
1,662
Votes
Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,662
Votes |
2,261
Posts
Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied

Looks like you're not valuating your most important commodity - time. While that person has the funds, they want to invest in other asset classes and do not have time to chase down the nuances of that type of investment. There you are, foot on the ground, ready to work, bring the deal, and analyze it. They simply say yes or no. 

When you understand your worth to these investors is when you will attract them to you and you will have a deal ready. Keep looking and being open to your local RE market and once you get the deal, it's WHICH investor will pick you, then you're in the driver's seat. 

Loading replies...