Multi Family Syndications

[Spencer Cuello]

Does anyone have recommendations of real estate syndication firms they've used?

+ Are there any for non-accredited investors / investors using and LLC?

[Arn Cenedella]

@Spencer Cuello

Spark Investment Group generally does 506b deals open to sophisticated and accredited investors. 506b rules require syndication sponsors have a relationship with the investors prior to entering into any investments. The intent is the sponsor needs to know enough about investor to feel comfortable the investor has the financial knowledge and acumen to properly evaluate the potential risks and benefits of any investment and the financial stability to invest capital for a 5 to 7 year period.

Topics of discussion with sponsor would be:

Income, credit, job stability, prior investment experience either with real estate or other asset types, education level, occupation and profession, amount of savings or funds in retirement accounts.

Hope this helps. Good luck, Arn