For today’s episode, we will be discussing how and why a key principal is crucial.
We will go over the principles of having general partner strengths with balance sheets.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
"the primary purpose of a KP is to provide balance sheet strength to the bank, to the lender on the deal if the other general partners can't do that on their own" - Dan Kreuger
"they're not usually the operators of the deal, but not always like the most active people," - Anthony Vicino
"so the first part of that for me would be getting the cash flow machine going that I can then use to dump into the real estate" - Anthony Vicino
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