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Updated almost 11 years ago, 03/11/2014

User Stats

38
Posts
17
Votes
Darren Flater
  • Real Estate Agent
  • Cedar Falls, IA
17
Votes |
38
Posts

Should I do a syndication?

Darren Flater
  • Real Estate Agent
  • Cedar Falls, IA
Posted

So here is my situation. My wife and I own 4 houses and a 4-plex by ourselfs, We have a 50% ownership in an LLC that owns a 4-plex and is closing on a mixed use building with 2 store front units and 4 apartments.

Here is my question. I have friends and family who want to invest with us in our business. I know starting up an LLC for each partnership would be hard for administration purposes. But is a syndication a good fit for adding partners at different times on an ongoing basis, we would be buying SFR and apartments of all sizes for long term buy and hold? I got stuck reading to much info and would love to hear from guys who are doing syndications right now. Thanks

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