Using debt to purchase into RE syndication?

[Elliot Landes]

I'm considering buying in to a syndication with some cash on hand.

BUT! I have plenty of avenues to use leverage to increase my syndication buying power (HELOC, Pledged Asset LOC, 401k loan). Everyone talks about using these as a means of buying rental properties, but what about using them to buy into a syndication deal?

Direct ownership in rental properties just isn't right for me personally (at this point in life), but I'd love to use leverage to increase my wealth.

Interest rates are all low enough (4-5%) that it makes sense on paper, even if the ROR doesn't hit its full targets (15%).

I don't think I'll be over-leveraged (but that's a relative term around here since a lot of the BP audience seems to leverage like crazy). I'm a high W2 earner, with a stable job, and I don't have any other investment related debt currently. My current debt-to-income ratio is about 30% - includes car, home, vacation property, and credit card (used for expenses and purchases and is paid in full monthly).

What does BP think?