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Updated almost 6 years ago on . Most recent reply
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How to structure a deal with multiple investors
I have numerous contacts who have interest in investing in real estate if I can find the right deal/return. My question is, what is the best way to structure the deal once I find an apartment complex worth pursuing? Let's say the property is 1M, and I have 10 investors each putting in 100K. Do I create and LLC with everyone as a an equal member, etc.? What do I need to have in place before I make this move? Any feedback would be great!
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You could also act as an equity raise partner on the GP side of a syndication. You bring the investors and partner with an operator who has experience in syndication for either a finders fee or a percentage of the GP equity. Great way to learn the business!