Syndicate or Four Plex

[Nicole Rogers]

I have the opportunity to syndicate with a firm for $25k. The firm requires a minimum investment of 100k, but I have the opportunity to only invest $25k. The COC is 5-6%, target IRR is 12-16%, target ARR is 15-18%., looking to sell in 3 years. Would I make more of a recent return if I just purchase a small multifamily unit on my own? I'm worried that if I take out a loan to finance the $25k then I won't have enough to make the minimum payment with the syndication.