Alternatively, you can also purchase a property with a partner with a method known as fractional investment.

Earlier this year, I partnered as a lender on a portfolio of rental properties in Evansville, IN.

You'll also need to make sure you or you and a partner have a balance sheet to take the deal down.I did a similar deal with a 5 unit with a local bank and you definitely need to have reserves.

Partnering meaning finding someone within the local RE investing community OR someone in your personal circle/sphere of influence to buy the deal with you.

My partner and I break down every deal from multiple angles.

Would you recommend starting with a smaller deal, partnering up, or applying for hard money?

Hey BP community,I’m exploring creative ways to structure deals and wanted to ask—has anyone here ever used earnest money as leverage to bring in a partner?

Neal Bawa withdrew from the Buffalo project last night (only as a general partner) to accommodate a new partner.

I have always used my own money in the past or an investment partner (who recently passed).

If a bank says that you are lacking anything, find a partner who has what you lack.