Feb
02

Anyone know any sites where I could meet real estate buying partners?

Question: Anyone know any sites where I could meet real estate buying partners?
I want to start investing in real estate properties but I can’t afford to do it by myself. I’m looking for a site where people can get together for joint ventures and if there plans are similar (looking in same area, price etc) they considering buying the property together.

Best answer:

Entering into a joint venture with strangers is not a very good idea. Strangers could bail and leave you holding the bag to make mortgage payments and who knows what else, and yet they could still demand profits while not sharing any expenses, mortgage payments, ect.

Add your own answer in the comments!

About Kristofer Nance

Kristofer Nance, Real Estate Broker with Nance & Associates, Realtors in Fredericksburg VA
Owner/Agent of Nance & Associates, Insurance.

Comments

  1. My Take on It says:

    Wait until you can afford to do this on your own.

  2. This sounds like a bad idea to me. 99% of the contacts are going to be scams.

    Partner up with someone you know and trust.

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