Hello. I am looking for a jvp on apartment complexes in Ohio. I have a strong credit partner who is also willing to fund half the deals. For my first deal he wants me to find a second investor to split the downpayment on the deal we do. He is willing to match any amount that I can come up with for the first deal. If anyone is interested or can point me in the right direction it would be greatly appreciated. Again my credit partner is strong (he owns a business that grosses 30 million a year). It would be possible to continue the business relationship for future deals as well. Details are negotiable.
Any luck with a credit partner? I just began looking for a credit partner myself and am doing REOs and commercial deals in the MidWest. I have 3 deals in Ohio and 1 deal in Tennessee right now with potential profit total around 1mil and more deals then I can fund coming into my pipeline that meet my criteria. Maybe we can help each other. I am from Ohio but live in San Diego where there is a lot of money and creative investors. Funding is my only challenge. Finding, doing and exiting deals has been a breeze. Good luck and let me know if there is potential for us to help each other.
So what would you be looking for? Do you have money to do deals but need a credit partner to go to the bank… or do you need the funding and the credit but have good potential deals in my area?