Seeking Private Real Estate Investor Northeast Ohio
I'm currently seeking a private investor interested in partnering on a promising multifamily real estate investment opportunity in Northeast Ohio. I've identified a triplex listed for $120,000, with hopes of negotiating the purchase price lower. The property is already fully occupied with active, rent paying tenants, currently generating $2,055 in monthly rental income ($24,660 annually), with tenants responsible for their own utilities. Based on preliminary estimates, the property has the potential to generate close to $1,000 in monthly net cash flow, depending on financing terms and operating expenses. I'm looking for an investor willing to contribute approximately $30,000 toward the down paymentin exchange for 30% equity ownership and a 50/50 split of net rental profits. I would retain 70% ownership and take responsibility for managing the property and overseeing daily operations. My goal is to establish a mutually beneficial, long-term partnership that generates consistent passive income while building equity over time. If you're a serious investor interested in discussing this opportunity, please feel free to message me privately for additional details and financial projections.