Thinking about Syndicating

[Shane Nelson]

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