How much cash does it take to join a MF syndicate?

[Roger S.]

Hi all. We've done well with our SFR investments, now I'd like to branch out. If I have 50k available to invest, would that be enough to join a syndicate to purchase an apartment complex? I live an hour north of Dallas, and would want to stay in that area.

[Nick B.]

$50K is typical for many syndicated deals. I've seen as low as $25K but those are usually done by first timers.