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All Forum Posts by: Patrick Daly

Patrick Daly has started 2 posts and replied 13 times.

Post: Advice from A Syndication Specialist!

Patrick DalyPosted
  • hanover, ma
  • Posts 25
  • Votes 6
@Ivan Barratt Thank you for the motivation brother! Let's connect I would appreciate a chat with you!

Post: Advice from A Syndication Specialist!

Patrick DalyPosted
  • hanover, ma
  • Posts 25
  • Votes 6
@Alina Trigub Thank you! I will be reaching out to you in the future!

Post: Advice from A Syndication Specialist!

Patrick DalyPosted
  • hanover, ma
  • Posts 25
  • Votes 6
@Brian Adams Great article! All the info I needed! Thank you! I will be reaching out to you soon!

Post: Advice from A Syndication Specialist!

Patrick DalyPosted
  • hanover, ma
  • Posts 25
  • Votes 6
@Carolyn Morales Thanks for your reply! to my knowledge a Accredited investor is defined as someone who has annual income of $200,000, or $300,000 for joint income, for the last two years with the expectation of earning the same or higher income. A person is also considered an accredited investor if he has a net worth exceeding $ 1 million, either individually or jointly with his/ her spouse.

Post: Advice from A Syndication Specialist!

Patrick DalyPosted
  • hanover, ma
  • Posts 25
  • Votes 6

Hey Theo thanks for your reply.

I have a list of property management companies in the areas I am looking to buy. I have a partner with the net worth and liquidity to qualify for a loan. I plan on a 65/35 split at exit. I need help with the legal side of things, what is referred to a pre existing relationship? I have attracted multiple accredited investors and plan to structure a deal with them before I fund a deal with non- accredited investors. 

Post: Advice from A Syndication Specialist!

Patrick DalyPosted
  • hanover, ma
  • Posts 25
  • Votes 6

Tia, I would like to do the deal with all accredited investors. I will put in the extra work to get more accredited investors in on it because i understand it is easier to put together with accredited investors; but I would also like to know how to do this with non accredited investors. I would like to keep the amount of non accredited investors low or structure them together in a less expensive deal.

Post: Advice from A Syndication Specialist!

Patrick DalyPosted
  • hanover, ma
  • Posts 25
  • Votes 6

I am looking for someone with experience in real estate syndication. I am trying to get a syndication deal together I have investors willing to do a deal with me. I have a few questions on syndications, someone with experience and knowledge with this aspect of investing would be a great help to me. I need guidance with the legalities and structure of the deal. If you have had experience with syndications in or out of state please reach out! Thanks!

Post: Hard Money Lender Referral

Patrick DalyPosted
  • hanover, ma
  • Posts 25
  • Votes 6

@Ann Bellamy Thanks for reaching out i will be in contact with you!

@Nghi Le Thank you for your input on this. I would choose a lender that would suit me best for the specific deal and I will do my research! 

Post: Hard Money Lender Referral

Patrick DalyPosted
  • hanover, ma
  • Posts 25
  • Votes 6
Any referrals for a Hard Money Lender that is new investor friendly? Preferably in the South Shore/ Boston area.

@Charlie MacPherson is this event Monday the 9th or Tuesday the 10th I think you may have the dates mixed. Please let me know I would like to attend!