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Updated over 3 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Josh Sullivan
3
Votes |
7
Posts

Syndicating Multi-Family Deals & Lending Options

Josh Sullivan
Posted

I am looking to start syndicating deals to my personal network of friends as LPs and have myself as the GP. I'll be sourcing, vetting, compiling all market research/comps and providing financial projections. 

My question is, what loan structure is best for an LLC with multiple partners? What are my loan product options, and what are the typical down payment/term/cash to close for a deal like this? For argument's sake let's say a $500k 4 unit rental. Myself as the GP and 3 other LPs kicking in cash.

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