It also allows the company to sell securities to up to 35 non-accredited investors.

Biggest hurdle for me right now is that I'm not at accredited investor status yet. 2022 will be the first year that my wife and I meet the joint income requirements.

I assume you're in the process deep enough to understand that many syndications require you to be a sophisticated or accredited investor.

My wife and I are wading into the waters of syndicate investing as accredited investors.  

Some used floating rates to do deals and make pencil but are getting hammered now.Basically 2 different type of accredited investors.1.

That's not my experience.The 'problem', however, is that many of these investors, even newly accredited ones, really have no idea of the real risks they are signing up.  

Regarding syndications, if you are an accredited investor, you can buy into institutional grade $50-125M projects with as little as $100,000 and diversify.

I guess the answer is that they would need to fund his account prior to a bid so he could show POF in his own account.If instead of a partnership, I sought a private money note from a business colleague who is non accredited lender, do I then help them create an LOI and POF?

I thought I would share this as recently I have seen a lot of posts regarding options for those non-accredited.

Thank you from me at least :) There are multiple paths to accreditation.