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Updated 8 months ago on .

User Stats

58
Posts
17
Votes
Marc Roberson
  • Real Estate Agent
  • Wellington, CO
17
Votes |
58
Posts

Possible to syndicate for new construction MTR's?

Marc Roberson
  • Real Estate Agent
  • Wellington, CO
Posted

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. 

i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. 

my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.

no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.

i own/run an STR right now and it is going well with only the occasional hiccup.