Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago on .

User Stats

6
Posts
1
Votes
Paul Rumsey
1
Votes |
6
Posts

Beach Syndication Deal

Paul Rumsey
Posted

Investment Info:

Other private money loan investment in Randalia.

Purchase price: $50,000
Cash invested: $50,000

Syndication deal on 12 beach home short-term rental construction project

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

I wanted to partner with some of my mentors so I could learn more about new construction without taking on all of the risks by myself.

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

Through REIA and investment groups

How did you finance this deal?

Funds from HELOC on another investment property

Lessons learned? Challenges?

Be patient. these are mid-term plays, so you must be prepared to go without the cash for several years.