When and how did you move into syndications over SFH's?

[David S.]

Hey folks, curious what you'd recommend in my shoes... I have two rentals at the moment, both SFH's. These were bought with savings rather than financed. I have the option of lending against my primary which would free up $400-500k, but I'm wondering if it doesn't make sense to get involved with syndicates here and now, rather than do years of single family homes first, only to gravitate toward multi-family eventually anyway? I have a background in finance and have held a number of licenses, so I do believe I'd be deemed an accredited investor by default, which helps. Certainly have an interest in syndication, but I see how competitive that space is, and I have systems in place for more single family homes.

What factors would you consider? With what I just said, what would you do? What is the best route into syndicates (other than the obvious networking). Thanks