All Forum Posts by: Kevin Zhang

Jon, thanks a lot for your input! I understand your calculation, but as I stated, I'm personally liable for the loan and the lender took my personal assets as collateral if default. So if the investors (since they invest 100% of the down payment) default on the loan and when the lender try to sell the project (business+property) and they can only get $3M instead of $3.6M as the original loan amount, I will be personally liable for the additional $600K. Since I'm taking this risk, as the general partner for this project, what's the fair % of ownership in your opinion.thx

Hi, this is my first post. I am a real estate investor but fairly new to syndication project. Currently I have a $6M project which I got hard money loan for 60%. I want to syndicate the other 40% to investors. What's the best way to do it? The dilemma is: the loan is secured by my company and personal asset, however it's loaned on the project itself. So can I claim 60% ownership of this project if I'm willing to be responsible for paying the loan payment and liability? Other investors might be afraid that if I default on the loan, then the project(their investment) will be in jeopardy. What's a good way to handle this situation? I don't think it's fair for me just taking 10-20% as equity partner since I got the deal and I already got 60% financing. Please advise...

I want to ask some questions but I can't post any topic until I have 5 posts... this is discouraging