I am a mentor in my brokerage as well, I’m mentoring 7 brokers right now that I sponsor.

This really comes down to risk/reward and you should be more concerned with how much the sponsor and other "lenders" are putting in, how and when everyone gets paid back and paid profit, and whether the returns are worth that risk.

Good lesson to be learned from that--if you are investing in syndications, sponsors with deeper balance sheets, more experience and lower debt might be your safest option.

I'll admit that none of my sponsors were in real estate before 2012.

She said he completed an AA program (because being a heavy drinker at the time impaired his judgment re: the drugs) as well as ae drug treatment program and has been sober since then and can send me his certificate and sponsor's contact info.My application asks if a person has ever been convicted of a felony - the truthful answer from him was actually "no".

That is one example but people just look at a sponsors targeted returns and think they are actual.

Wanted some leads on a sponsoring broker in the Seattle area.

@Bill Hampton Few employer sponsored 401k plans offer after-tax contributions above the pre-tax amount or in-service distributions.

You need to get some calls into your CPA and also the employer sponsored retirement plan division of the firm that your company uses for your 401k401k LOAN is always an option however this would affect your DTI as you'd be paying installments back into your plan to pay back the loan Best of luck!

It's also much easier to scale your investing by simply networking and vetting with a few sponsors that you like.