First Syndication Deal as an Investor

[JJ Espinoza]

Investment Info:

Large multi-family (5+ units) other investment.

Cash invested: $25,000

Multifamily value-add syndication closed with an 18.5% IRR

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

I wanted to learn about how syndications work with a person local to where I live.

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

I met with an executive at my former employer who had worked with this deal sponsor on a few deals.

How did you finance this deal?

Cash

How did you add value to the deal?

This was a limited partnership so I was hands-off, but did ask to see records, toured the construction site, etc.

What was the outcome?

I got a good return on my investment and learned.