How to set up syndication as GP

[Blake Sullivan]

Hi all,

I have several investors that are interested in deals that I have and I am thinking it would be best to tackle them as a syndication. I have tons of questions but mainly am looking for good resources that discuss how to set up and structure the partnerships from a legal and financial perspective. 1) I'm curious what I should do for splits. I could manage a large part of the deal but would want to outsource some of the day to day management to a company that I trust locally. I know that would cut into what the typical split would be. 2) Super dumb question. Do you use investor funds as down payment and still get bank financing or is it fully funded by investor funds and purchased cash? Lastly, when I evaluate CF for a SFH I take out my % for maintenance, capex, management etc. Do you still do the same for a syndication and then pay out CF percentages. I assume you keep a certain % in reserves every month and then pay out investors the left overs.

Appreciate any resources anyone has or if anyone would like to chat about this.

Thanks!

Blake

[Senate Eskridge]

Check out Premier Law Group, Maurico's website has a ton of information that can help with this.  He even does a free weekly video series where he answers questions.  

https://www.premierlawgroup.ne...