I will temper this statement with the caution that not all syndicated (private placements) are not all the same, nor are the sponsors of these deals.

As @Ryan Steele stated vet the sponsor and the deal.Full disclosure I am a sponsor of syndicated MF properties.

Hi all,I just passed the NY Salesperson Test. I'm seeking a broker to hang my license with.

Any referrals would be greatly appreciated. Thank you!!

The one piece that I see missing is the fact that by lending funds and entering into a contract with the expectation of profit (not interest) solely through the effort of the sponsor, he has created a security.

Do you'll think that $60 per month to pay a sponsoring broker to hang my license is worth it?

I'll preface this response with my opinion, all evaluations of my evaluations are based on three things.1: Who is sponsoring the meeting?

Well have, as a sponsor and a good friend is a developer.....If you're speaking to Section 42 of the Code tax credits.

We sponsor booths at both so we hope to meet you soon.Thanks,Manesh

My guess is this will be the central method that is utilized as the other methods required by the new rule would require the investor to disclose tax returns/w-2s/k-1's....seems unlikely to me that they will "lift up their skirt" for a sponsor under that approach.

What is the general sentiment from RE brokers regarding salesperson licensees that want to be sponsored only to gain MLS access to invest for themselves (not for outside clients)?