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Updated almost 10 years ago on . Most recent reply

Chaz Reid's profile image
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Chaz Reid
  • Investor
  • from Fayetteville, NC
  • Member since Feb 16, 2014
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Chaz Reid's profile image
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Chaz Reid
  • Investor
  • from Fayetteville, NC
  • Member since Feb 16, 2014
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Chaz Reid
  • Investor
  • Fayetteville, NC
190
Votes |
916
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Commercial Real Estate Investing

$1M+ deal, without any personal money invest?

Chaz Reid
  • Investor
  • Fayetteville, NC
Posted

Random question:

What is it called when someone pieces together a deal on a big apartment complex, gets investors together to purchase it, and they get a share of profits without investing any money? 

Is there even a name for that? 

It might be simple, I might know it, but right now...

(-_-)... I'm drawing a blank

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Wayne Brooks's profile image
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Wayne Brooks
  • #1 Foreclosures Contributor
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  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks's profile image
Wayne Brooks's profile image
Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Syndication.

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