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Updated almost 6 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • Waldorf, MD
320
Votes |
592
Posts

How would you vet a New Sponsor/Syndicator?

Account Closed
  • Real Estate Investor
  • Waldorf, MD
Posted

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?  

Most Popular Reply

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559
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463
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Andrew Hogan
  • Rental Property Investor
  • Indianapolis, IN
463
Votes |
559
Posts
Andrew Hogan
  • Rental Property Investor
  • Indianapolis, IN
Replied

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!

  • Andrew Hogan
  • Loading replies...