Syndication / Fund Raising for Deal

[James Taylor]

Happy Veteran's Day BP,

Currently in discussions to get the seller to finance to make the transaction smoother. This is a 10+ unit package priced at $2.6 million and valued around $2.9 million pre-appraisal. Units fully occupied and built within the last 6 years. Looking online I'm not sure where to start since I don't have a big prior portfolio for crowdfunding sites. Where can a newer RE investor go to syndicate besides hard money?

[Mack Benson]

@James Taylor I think more details are needed for this. You mention seller financing and then ask about syndication. Is a lender involved so the seller is financing the down payment? I'm a bit confused. It could be that you aren't using the correct terms so clarification may help. When most of us read syndication we go right to private placements under a 506(b) or 506(c) exemption. I'm not 100% sure that is what you are talking about. 

Can you let us know what the debt structure the seller is proposing? That may help