Private Placement Memorandum/ Syndication

2 Replies

PPM (private placement memorandum) is a document which disclosures information and risks of a deal and is put together by a secures attorney for a syndication.

A syndication is an investment strategy where an active investor raises capital from passive investors for a deal, sharing in the profits.

@Arthur Kokozian

Syndication is method to pull funds together to buy a property. PPM is one of the legal documents more often than required in a syndication. You can read up more on the legal paperwork for syndications here: https://www.biggerpockets.com/member-blogs/10850/7...

Also, I recommend reading a few books on syndications. Start with the one that @Theo Hicks and Joe Fearless wrote. 

Best!