Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Syndication for Flips?
Hi all,
I want to syndicate a deal with 3 investors to flip a fixer. I personally won't be putting in any money. How do I get money for putting together the deal? I did hear about a sponsor fee, promote fee, split above preferred return, management fees, and etc, but I'm pretty confused on how to structure it with a flip. Are there typical fees?
Is there a deal structure excel available on Bigger Pockets anywhere?
Any help would be great!!
P.S. I'm not sure if "syndicating" is only for commercial real estate.