Multifamily and Syndication investing

[Michel Allen]

We are looking to add bigger multifamily properties to our portfolio and we wanted to create a group with about 2-6 investors. I know with syndications you need certain legal documents in place, does this apply to an investment group with under 10 investors, would I still need to get a securities lawyer and file with the SEC?

Than you 

[Chris Levarek]

Agreed @Taylor L.. There are joint-ventures that you can accomplish this however it's about everyone playing a role. The minute someone is simply a passive party, this can get you in trouble. One method for ensuring there is active participation, is keeping monthly/weekly meeting minutes with partners on record. However, definitely consult an attorney on the subject as well as you go creating your entity structure and paperwork.

Perhaps, this might be a good read https://www.biggerpockets.com/...