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Updated about 9 years ago on . Most recent reply

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16
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1
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Shane Nelson
  • Agent/Investor
  • Lake Crystal, MN
1
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16
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Thinking about Syndicating

Shane Nelson
  • Agent/Investor
  • Lake Crystal, MN
Posted

Hi all,

I am an agent/investor in the Southern Minnesota area. I currently own one 4 unit building but have a few deals in my pipeline. The biggest problem is at my age having access to capital, in my pocket I have several apartment deals varying from 8-16 unit buildings, all conservatively analyzed at 12 to 17 CAP rates all less than $500,000. I self funded the down payment for my 4-plex, and it would take me a year of working my butt of as an agent to self fund the next down payment on one of these bigger deals. With that I am thinking about getting into the syndicating side of real estate. I just have no clue where to start. Any recommendations or advice would be greatly appreciated.

Best Regards,

Shane Nelson

Most Popular Reply

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11
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1
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Todd Grill
  • Real Estate Professional
  • Minneapolis, MN
1
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11
Posts
Todd Grill
  • Real Estate Professional
  • Minneapolis, MN
Replied

Shane   If you are interested in real estate syndication, then you should consider crowdfunding, because that is basically what real estate crowdfunding is. Legal solicitation of investors into a investment pool. If your intersted then please contact me and I will be happy to explain the crowdfunding options available at this time 

Todd Grill 

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