Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

40
Posts
33
Votes
Eric Michiels
  • Flipper/Rehabber
  • Denver, CO
33
Votes |
40
Posts

Fund or Syndication?

Eric Michiels
  • Flipper/Rehabber
  • Denver, CO
Posted

Hi, I'm working with a church to convert their space into an apartment complex where the church will have it's meeting room on the first floor and we will build apartments above the meeting room. 

I'm raising funds for the project and would like to understand if i should create a fund for investors or just do Syndication. I understand how a fund is created and it cost about $15K, but I don't know how to legally structure syndication. 

Any advice on which way to proceed? If I should do the fund rasing with syndication, who should I talk to about the legal structure?

Thank you,

Eric

Most Popular Reply

User Stats

40
Posts
33
Votes
Eric Michiels
  • Flipper/Rehabber
  • Denver, CO
33
Votes |
40
Posts
Eric Michiels
  • Flipper/Rehabber
  • Denver, CO
Replied

Thank you Andrew, this is great advice. I appreciate it. 

Loading replies...