Financing a syndication deal

[Phil Carpenter]

I'm looking at a potential syndication deal and am wondering ... do investors ever finance these deals? If so, how? I was considering the possibility of covering at least some of the cost of a syndicate investment using HELOC funds. Would a portfolio investor or other traditional funder loan me money to make such an investment? Thanks in advance for your input.

[Todd Dexheimer]

@Phil Carpenter you could tap into a HELOC or 2nd mortgage. There are not banks that would lend to you to buy shares of an apartment. You could perhaps partner with the GP (sponsor) to gain some GP interest, but that will be up to you to form the right relationships. This is not really a loan, but a way to gain some equity with less money out of pocket.