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Updated almost 6 years ago,

User Stats

7
Posts
5
Votes
Eric Ketelsen
  • Rental Property Investor
  • Northern California
5
Votes |
7
Posts

Essential Docs/contracts for a syndication

Eric Ketelsen
  • Rental Property Investor
  • Northern California
Posted

I'm creating a real estate investment company focused on multifamily properties (5-15 units) that pencil. I'll manage everything- the rehab and property manage- anything an asset manager would do with a "hands on" type of personality. I have a few investors that have instilled trust in me. 

I want to confirm that I have all the required Docs and contracts to make Absolutly sure these syndications are professional and protected.  I'm seeking input from the bigger pockets community as to what I or any aspiring real estate investor needs to bring in a group of investors, purchase a multifamily property, rehab it, refinance it with holding periods of 3-7 years.

This is what I have now: 

Investment Prospectus -(the investment summary)

Business Plan- (simple and clean- 35-40 pages)

PPM - (private placement memorandum)

Investment agreement - (Do I need this if I have the Operating agreement?)

LLC Operating agreement

Investments agreement Receipt - (proof of your investment)

Promissory note (if needed)

I don't need legal advise. my father is a retired attorney.  I'm looking for the missing parts from the entrepreneurial side.  I'm looking for what Docs the community uses.  I truly appreciate any help and or guidance. 

Thank you for your time,

Eric Ketelsen

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