Finding that high net worth individual for MF syndications.

[Matthew Barnett]

Last December I got into the Multifamily game, we have been underwriting deals from 10-100+ units. We have a lot of great investors, built a great relationship with a property management company when touring deals and when we lock one down, the list goes on. I am not 100% worried about raising the money. I am however worried about finding that high net worth person that would sign the LLC with me. Yes, some of our investors are accredited and are valuable but most just want to passively invest and not be involved in the deal. How have you fellow syndicators found and built a relationship with someone that would be willing to sign on the loan with you? I understand that person will ultimately become your business partner and do multiple deals with you. I know the answer in right in front of my face, just trying to put the pieces together.

Thank you so much!