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Updated 15 days ago on . Most recent reply

Investors wanted for deal with great potential
Investors. I have located a single family ranch style house in Denver Colorado (Sloan’s Lake area)
Sale price $600k
Renovation $150k
ARV $825-$900
I’m looking to form a syndicate for this property with serious investors. Please look at comps in this very desirable neighborhood. Contact me here for more details
Most Popular Reply

Congrats and good luck.
I'd recommend against a syndication on a deal this size because you can expect the costs to be $10K+, which means you are giving up a large % of your profit to legal fees. Also, because you made this posting, you have violated the law if you wanted to do a Reg D 506(b) offering, so your options are now more limited.
It would be far cheaper and simpler to find a true partner.