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Updated almost 2 years ago,
Syndication help for a new investor
Good afternoon BP family,
I am trying to figure out how to work a deal as a syndication, I have never considered this type of deal before as I am still trying to find a flip of my own, ( I have flipped thousands of homes for other investors and Freddie Mac). I digress, I saw this commercial building about 4 years ago, it was vacant then and still is. I have spoken to the seller directly he is interested in selling. He is asking $8.5M I do not have the capital for that, so I am actively looking for the right investors who have completed some syndication deals. I know there is more information needed however since I have not done this before I do not know what questions to ask. FYI the owner is open to owner finance for up to 8 years. on an increasing pay scale, to incentivize the sale faster. Thank you for any advise anyone can offer even if it is go do more studying.