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Updated about 4 years ago on . Most recent reply

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Jesse Gonzalez
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Validating Syndication Investment Post Close

Jesse Gonzalez
Posted

I am invested in a few multi-family syndications. Pre-screened Sponsor, etc., but how do you actually validate a property was purchased and your investment in "legit" post close? Is there a way to run lien search on the property, or other ways to verify ownership, etc.?

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Taylor L.
  • Rental Property Investor
  • RVA
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Taylor L.
  • Rental Property Investor
  • RVA
Replied

You could reach out to the tax assessor and see if ownership has been transferred to the holding LLC. The holding LLC's name should be in the syndication docs. If it's not then ask the sponsor. But it definitely should be in there.

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