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Updated over 5 years ago,

User Stats

267
Posts
144
Votes
Joshua Howaniec
  • Contractor
  • Indianapolis, IN
144
Votes |
267
Posts

So Many Questions about Syndication

Joshua Howaniec
  • Contractor
  • Indianapolis, IN
Posted

I found this multifamily in Indianapolis, C class neighborhood. They are asking for 1.5 million and a deposit of 25% down. We are going to first offer seller financing and go from there. I am working my network of previous clients for the funds.

Here's the rub, I have no idea how to purchase this and still maintain any kind of ownership or equity (Raising Private Capital hasn't come in the mail yet)  I am a little paranoid that if I am not providing capital of my own that I will get cut out of the deal. So for starters I should probably address that. 

1. Am I being selfish, short sighted, or naive to expect any ownership/equity from a deal that I am not putting any money into myself? 

2. If investors on the deal are putting down $$ expecting equity doesn't that automatically cut me out since I don't have that kind of money to put down? 

3. Do I need to form an LLC, have the funds directed to my account and then purchase it via that? Again, Matt Faircloth's book hasnt come in the mail yet.

4. Is there a way to pull this off where I keep any part of the deal with no money down? That's probable a redundant question but I'm just spit balling here. 

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