Accidental Syndicator seeks guidance (also, investors?)

[Brian Gerardi]

I loaned money to a flipper for a promised return............and got it! All of it, on time, the works. Crazy, right? Even a little extra for referring another investor to the project.

I also loaned money to another flipper, this time pooling my money and the money of a few colleagues. I handle all the interaction, details, and harassing the flipper, they get their principal and return upon completion (only a few more weeks!) Very much a 1-time deal.

The problem is, I like this! And I've discovered that there's a word for it (syndication?)  I'm a little overwhelmed by a cursory google search can anyone recommend reputable resources on where to begin to learn more about this? I want to continue doing this at this level (small investments from members of the military who don't have the time/ability to do real estate on their but want to be involved in some way and want to see their money grow) but I also want to grow as well (I see multi-families! I see apartments! I see commercial! I think I've found something I enjoy doing!)

There's a Syndication Seminar being run the the Real Estate Guys near me in a few weeks. Plenty of time to register but the price is high. Has anyone been to one of these events? I'm a geographic bachelor (work) and very much trying to save pennies to send home to the wife and the mortgage payment but this weekend is almost a mortgage payment itself! Worth it? Thanks in advance, ya'll!

-Brian

The Accidental Syndicator

[Todd Dexheimer]

Technically, it sounds like you are hard money lending. I think the rule is if you do this more than 5 times, then you need to be registered. With a syndication you would typically become a part of the LLC as a limited partner and receive your payments through either a debt or equity split. Most syndication are pooling several investors together to buy larger assets, like apartments, self-storage, office buildings, etc. There are some that pool to do flipping, but those are usually a raise of say $1 million to complete many flips over a period of time.