Setting up a multi-million dollar syndication is a significant undertaking.  

The returns always look good on paper and some operators make an exceptional ROI in war zones, but a property of that size is a huge undertaking for your first go at low income housing.

It is not worth messing with as one non-accredited investor can lose your exemption.Here is the rule 506(c) from the SEC website.Under Rule 506(c), a company can broadly solicit and generally advertise the offering, but still be deemed to be undertaking a private offering within Section 4(a)(2) if: The investors in the offering are all accredited investors; andThe company has taken reasonable steps to verify that its investors are accredited investors, which could include reviewing documentation, such as W-2s, tax returns, bank and brokerage statements, credit reports and the like.Purchasers of securities offered pursuant to Rule 506 receive "restricted" securities, meaning that the securities cannot be sold for at least a year without registering them.Companies relying on the Rule 506 exemption do not have to register their offering of securities with the SEC, but they must file what is known as a "Form D" electronically with the SEC after they first sell their securities.

Inquirers must seek the advice of their own legal counsel prior to undertaking any course of action related to this inquiry.

A “security”, for SEC purposes, is an undertaking that pools investor funds with the expectation of profit (and such investors are not all active managers of the undertaking)b.Securities must be registered with the SEC [This a costly and time-consuming up-front process plus onerous ongoing reporting burden – Ed.] per the Securities Act of 1933 or the security may have an exemption from registrationc.Section 4(a)(2) of the Securities Act contains the “private placement” exemptions.

Therefore, in order to protect the fiduciary interests of the Employer, the Employee agrees not to be employed, concerned, undertake any other related dealings, or otherwise financially interested (including engaging in a business as an owner, partner, or agent, or any other financial interest), either directly or indirectly, in the same or a similar business (i.e., the wholesaling real estate) as that conducted by the Employer, and which competes with the Employer, except with the express prior written consent of the Employer. b.)

(People, professionals are telling me their third party stories of lease to own and how tenant doesn't pay and its massive undertaking to do eviction, and no body offers lease to own.

Hey everyone I live in Seattle Washington and am just getting going in real estate investment, I am looking for a good broker to help me in this undertaking.

Past clients are the most appropriate people to talk to because they’ve already experienced what you are potentially about to undertake with this GC.

You need to make an offer the property compensates you for the risk you are undertaking.