Investment Info:

Large multi-family (5+ units) commercial investment investment in Fayetteville.

Purchase price: $3,200,000
Cash invested: $25,000

Syndication deal as a LP.

What made you interested in investing in this type of deal?

Building connections and the passivity of cash invested.

How did you find this deal and how did you negotiate it?

I found this deal through a mutual friend on a Facebook Group. There were no negotiating.

How did you finance this deal?

Cash

Two big red flags.

1) low minimum is a sign that sponsor is desperate with getting investors in. We used to do it but it does not make sense from an admin costs and worse non accredited investors who only have that much money.

2) Facebook group yikes :P

Originally posted by @Lane Kawaoka :

Two big red flags.

1) low minimum is a sign that sponsor is desperate with getting investors in. We used to do it but it does not make sense from an admin costs and worse non accredited investors who only have that much money.

2) Facebook group yikes :P

haha in a normal scenario I would agree with you, however I trust the guy and he even does stuff with BP.