First syndication investment - Brandon Rush

[Brandon Rush]

Investment Info:

Large multi-family (5+ units) commercial investment investment in Duncanville.

Cash invested: $72,000

Limited partner on a 201 unit syndicated multifamily complex in Duncanville, TX. Utilized funds from a SDIRA for our investment in this deal. Expected returns are 15% IRR, 8% COC, and 1.9x Target Equity Multiple.

What made you interested in investing in this type of deal?

Very interested in syndications and decided the simplest way to start would be to invest in one

How did you find this deal and how did you negotiate it?

Two members of my mastermind are General Partners on this deal

How did you finance this deal?

Utilized funds from a self directed IRA account

What was the outcome?

This is a 3-5 year hold. We will see what the results are when the project is completed

Lessons learned? Challenges?

It's pretty easy to invest in a syndication. The hardest part is picking who you will invest with. I was fortunate to know these General Partners personally for over a year before investing with them. They provided tons of education prior to this offering, making it an easy decision to select them once they presented the opportunity.