All Forum Posts by: Amos Record

Good morning. Newbie question here. Is there a particular book that is the go-to book/resource on syndication, or 100% equity investments? Particularly, I want to structure deals that are 100% financed by equity investors and not myself. I've read many books that have brief sections on syndication, but nothing in depth. Among other issues, I want to make sure I don't trip over any SEC rules while offering a good deal to investors and providing a decent return for myself.

Hello BP! I am researching my first real estate investment - a multi-unit residential, preferably 10-14 units, in south east Florida. I am a lawyer (a criminal lawyer) who not so long ago practiced real estate law. I've started a few small businesses on my own, purchased a building on a master lease/purchase arrangement but I'm most concerned about raising funds for a purchase and establishing a network of equity funders who are open to investing in syndicating deals - not just for the first one, but on subsequent deals. I don't have the funds to cover the down payment (YET!) on a multi-million dollar property - or any property - but I've got twenty years of negotiating skills, my lawyering skills, some hustle, and ambition. Any advice would be welcome.

To evaluate a multi-unit residential purchase in Florida, what is a good rule of thumb (as a percentage of purchase price) to calculate closing costs for the buyer?