Experienced Syndication Investors

[Sean McKay]

I am considering selling one of my least desirable SF rentals and moving that equity to an apartment deal. To this point, I have personally only invested in 1-3 unit properties. I have done a number of 1031's, so I am pretty comfortable with that, but I would love to get some feedback from those that have invested in Apartment Syndications. My primary concern is that the financing for the offerings that I have looked at shows that there are balloons on the loan. I realize that is typical in the multi-family arena but that is the reason why I have stayed in the shallow end with smaller deals to this point. Thanks in advance for anything that you can share!