How would you vet a New Sponsor/Syndicator?

[Lamont Marable]

I've been reading and studying on how to become a multifamily syndicator for the past 6 months.  With no track record and no experience, how do I build trust?  I was thinking about being forthcoming to my potential investors about who I am, all the way down to the speeding ticket from 4 years ago.  Would that be too much?  

[Alina Trigub]

@Lamont Marable

You have a few options. @Andrew Hogan gave you one where you start small or big but with your own money to build the track record. Another option is to "buy the experience" by either partnering up with someone who has the track record or buying into expensive mentorship program where there're typically opportunities to partner with the experience as well.