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Updated almost 7 years ago, 02/04/2018
First syndication
Im currently putting together my first syndication. The seller will finance $150,000 of $370,000 purchase price. I'm raising $250,000. Im offering 70/30 deal. including a 8%preferred. It seems small to pay for and offer PPM. Can this deal be put together without a securities attorney. Can my RE attorney put this together safely and legally as a limited partnership with me as a general partner. Again this is my first foray into offering equity. I have not spoken to my attorney yet, because I know this group is way more knowledgeable on this topic.
Thanks
Adam
SJREIG LLC