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Passive investing into real estate syndication when unaccredited
I'm just starting out and the strategy that is most appealing to me is passive investing into real estate syndications. I'm not accredited and it's hard to access good deals. Anyone have any tips or thoughts on how to get into my first deal with this strategy?
Most Popular Reply
There are ways for syndicators to file/structure their deals that allow non-accredited, but "sophisticated" investors to participate; up to 35 sophisticated investors. This is done via private-placement memorandum, not openly marketed, so you have to have a relationship with those syndicators. Are you in any clubs or REI groups that have that type of syndicator that you can meet and get to know?