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Updated almost 9 years ago on . Most recent reply
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Thinking about Syndicating
Hi all,
I am an agent/investor in the Southern Minnesota area. I currently own one 4 unit building but have a few deals in my pipeline. The biggest problem is at my age having access to capital, in my pocket I have several apartment deals varying from 8-16 unit buildings, all conservatively analyzed at 12 to 17 CAP rates all less than $500,000. I self funded the down payment for my 4-plex, and it would take me a year of working my butt of as an agent to self fund the next down payment on one of these bigger deals. With that I am thinking about getting into the syndicating side of real estate. I just have no clue where to start. Any recommendations or advice would be greatly appreciated.
Best Regards,
Shane Nelson
Most Popular Reply
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Shane If you are interested in real estate syndication, then you should consider crowdfunding, because that is basically what real estate crowdfunding is. Legal solicitation of investors into a investment pool. If your intersted then please contact me and I will be happy to explain the crowdfunding options available at this time
Todd Grill