Updated almost 6 years ago on . Most recent reply
How would you vet a New Sponsor/Syndicator?
I've been reading and studying on how to become a multifamily syndicator for the past 6 months. With no track record and no experience, how do I build trust? I was thinking about being forthcoming to my potential investors about who I am, all the way down to the speeding ticket from 4 years ago. Would that be too much?
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Hey Lamont, I'd say to "think big and start small!"
Perhaps raise some from family and friends on a smaller 2-4 unit to prove yourself and learn the mistakes on the smaller deals before risking the big bucks!