Real Estate Broker · Los Angeles, CA · Member since 2018 · 307 posts · 146 votes
Hello,
I have a goal this year of replacing my income with passive cashflow. Simply, get a commission and invest it in out of state rental property until my income is replaced.
So I am looking for private capital for potential JV (50/50 down and both on title), Private Loans at favorable rates (No Hard Money), Short Term investment capital for flips into refinance (technically Hard Money, but Private individuals) that could stay in deals if wanted.
Essentially, I am leveraging what I have with someone else that is looking to put capital to work. I'll do the leg work. We can talk about what that looks like.
I have a goal this year of replacing my income with passive cashflow. Simply, get a commission and invest it in out of state rental property until my income is replaced.
So I am looking for private capital for potential JV (50/50 down and both on title), Private Loans at favorable rates (No Hard Money), Short Term investment capital for flips into refinance (technically Hard Money, but Private individuals) that could stay in deals if wanted.
Essentially, I am leveraging what I have with someone else that is looking to put capital to work. I'll do the leg work. We can talk about what that looks like.
Seeking good people.
Let me know if interested.
Dennis Maynard, CCIM
CA Real Estate Broker
I am sure you have considered it, but parking your capital with a trusted syndicator as an LP is a way to achieve a similar result. Lower barrier to entry and less hassle too!
I have a goal this year of replacing my income with passive cashflow. Simply, get a commission and invest it in out of state rental property until my income is replaced.
So I am looking for private capital for potential JV (50/50 down and both on title), Private Loans at favorable rates (No Hard Money), Short Term investment capital for flips into refinance (technically Hard Money, but Private individuals) that could stay in deals if wanted.
Essentially, I am leveraging what I have with someone else that is looking to put capital to work. I'll do the leg work. We can talk about what that looks like.
Seeking good people.
Let me know if interested.
Dennis Maynard, CCIM
CA Real Estate Broker
I am sure you have considered it, but parking your capital with a trusted syndicator as an LP is a way to achieve a similar result. Lower barrier to entry and less hassle too!
Syndication requires that you be a qualified investor. There are income and asset requirements. I have considered starting syndications, however the upfront costs with or without a deal can be prohibitive. I'm happy to entertain further thoughts.