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Updated over 3 years ago,
My first syndication
I am a RE Broker. I have a client that is willing to provide the building. 70K sq. ft. Skyscraper if you will. I have several investors and the trust of everyone involved. It makes sense for everyone to share the load via a syndication. I know I need a good attorney and I am buying books and watching podcasts. But I can't educate myself fast enough. The train has started rolling. Its a commercial building that the city would like to see converted into residential units. We may keep a couple floors as commercial space. What are some red flags I need to keep an eye out for while I'm educating myself? What are the next steps to putting the deal together at this point? Anyone willing to share a phone call and help a guy out?