All Forum Posts by: Steve Tse

@Nathan Gesner I am not asking you or anyone else to give me any legal advice, I am looking for someone who had participated in a syndication and is willing to shadow me to confirm my understanding of the proposed deal. I have done my due diligence and I have made my own calculations and just looking to confirm that I am on the right path. 

Let me summarize this for you again, I am not seeking a legal advice, I need hand holding to confirm I am reading the semantics of the deal properly !

@Nathan Gesner I am not worried about the syndicator, I am seeking an advise from an experienced individual who has done many deals in the past and knows how to read between the lines. I am fairly confident in my choice of the syndication and just need someone to go over the numbers to confirm my understanding of the exit strategy when time comes

Hi BP community,

I am fairly new to syndications and would love someone seasoned and experienced in syndication world to sit down with me and go over the numbers. I would like to learn of any potential red flags in the assumptions but most importantly just go over the deal with a fine-tooth comb to confirm my own understanding of the deal. 

I know that everyone's time is valuable so I would love to take you out for a cup of coffee if you are local to Boston or maybe help you with something else like technology, RE and etc.

Thank you in advance

 

@Ellen Cheng

What kind of personal info did you give up to Ownwell for them to protest on your behalf ?

@Sean O'Keefe I would like to get your feedback. What's a good way to connect?

What is a good contact number ?

Hi folks, can anyone recommend a good, honest and reliable property management company servicing Killeen TX area ?

Thanks in advance

Steve

@Chris Seveney Thank you, very true and very helpful to know about UDFI tax !

Perfect Nathan, investment time frame is one good way of looking at it. Can you think of any other pros or cons going with either of the tools ?

@Estevan Benavides Lets say that ROI on a syndication deal does outpace the HELOC rate, my question is what do you prefer to go with since HELOC vs SDIRA are two very different tools when it comes pulling capital from.

With HELOC, you borrow against your HELOC credit, pay the interest while you are in the syndication and eventually pay the borrowed amount back. All cashflow after that will go directly to your bank account.

When you make contributions from SDIRA on the other hand, you don't get to enjoy the cashflow and all profits right away since all proceeds go directly back into the IRA account and you end up paying taxes when you are ready to cash out.

My question is what method do most investors prefer to go with when investing in syndications ?