Structuring a multi family deal

[Greg Gallucci]

Hi BP,

Need some help on deal structure on a small multi family (10 units). Im going to raise money for the deal but wanted to know your thoughts on how to structure it. We will purchase, renovate/reposition and hold the property.  What I would like to do is raise funds and avoid having to syndicate and file with the SEC. Is that possible if I just take on partners instead of investors (ie own the building 50/50 with someone else)? The end goal would be to refi and cash out any partners/investors. Does syndication lend itself better to owning a larger piece of the property?