All Forum Posts by: Asif Shahzad

 Hi Asif, 

I have requested to connect with you here in Biggerpockets!

Hi BiggerPockets community!

I’m excited to make my first post here. While I’m new to the community, I’m definitely not new to real estate—I live, breathe, and love it! I’m looking forward to connecting, learning, and growing together.

My background is in SFR and long and mid term rentals. I've built a rental portfolio and managed every aspect from acquisition to property management. Recently, I discovered a significant demand for mid-term rentals in a particular Michigan market, particularly from highly qualified traveling professionals (not just nurses!). The demand far exceeds supply, and I've had to turn away weekly requests for the past three months now. This is an opportunity I'm eager to seize, but I need to expand my network of private money lenders or equity partners to make it happen.

Currently, I work with private lenders who fund down payments in exchange for monthly payments until they’re paid back from cash flow (12-24 month terms). The returns are great, and my investors love working with me—but they’re all tied up in existing projects, including a major flip. I need to connect with more private lenders for 12-24 month loans, typically $20K-$40K per property, with purchase prices ranging from $110K-$160K. Facebook groups have been full of scams, and my personal network is currently tapped out - but the opportunities keep coming in and I hate to watch them keep leaving! Any recommendations on where to meet trustworthy private lenders that want a good and safe investment and stay removed from property management themselves? This is truly just a small loan. My current investors roll their money right back into my next projects but as I've stated, I've hit my ceiling with them and need to expand this network and these opportunities to others but I am stuck on where to meet more people!

My second question involves apartment building syndication and financing. I’m negotiating an off-market deal for an 11-unit property with value-add potential and room for additional apartments. The purchase price is $1.6M, and I’m looking to raise the down payment through partners. I’d run the entire project and handle property management, offering investors a preferred return and possibly additional incentives. I’d love advice, recommended podcasts, or insights on syndicating and financing my first multifamily deal. I’m working on a Letter of Intent with a commercial broker and leaning heavily into the wisdom of others with experience in this space. 

Thanks in advance for your insights and support! I’m looking forward to connecting with like-minded investors and building long-lasting relationships. I am all for mutually beneficial deals and partnerships.

Amanda Rechsteiner Realtor & Real Estate Investor

Investors — if you have a deal and need funding, I can help. I offer private capital for:

• Fix & flips

• Buy & holds

• Small multifamily (2–20 units)

• Light to moderate rehab projects

✔ Fast closings
✔ Flexible terms
✔ No unnecessary red tape
✔ Real investors funding real deals

Whether you’re scaling up or need a gap lender for your next project, let’s talk.
Drop me a message with your deal criteria or upcoming project.

Let’s connect and see if it’s a fit.

I’m a private money lender actively working with investors in DFW and Florida, offering up to 100% financing for fix-and-flips, BRRRRs, and other real estate projects.

Here’s what I can offer:
✔ 100% Purchase
✔ 100% Rehab
✔ 100% Closing Costs (up to 70% ARV with Joint Venture)

If you're working on a deal and need a reliable lending partner to help you scale, let's connect. Send me a message, and let's see if we’re a good fit to work toget

How much does the template cost?  We have an SEC attorney that focused solely on doing PPM's, and work with a different attorney for entity creation, contract negotiations and closing help.  Our PPM's have been running us under $7k per deal--not insignificant but doesn't break the bank either.  

As has been stated already, you don't want to skimp on the legal side of things with either the SEC or your investors. 

Good luck!

There are some legal considerations as well as practical considerations 

1.  A “syndication” is almost always a capital raise for the sale of a security/investment.  As a result any “offering” must either be a registered securities offering, or qualify for an exemption from the required registration. The two most common exemptions are the exemption for intrastate offerings and the exemption for private placements.  Because intrastate (single state) offerings must still comply with that state’s securities laws, and because with the internet its difficult for offerings of any size to be limited to investors residing in a single state, the exemption for private placements is the exemption from registration most often used. 
There are two main ways to utilize this exemption. The first consists of the general exemption, which means the sponsor just complies with the definition as defined by the SEC. The other method is to use a "safe harbor", i.e., the specific procedures laid out by the SEC in Regulation D. Most utilized is Reg D Sec 506 b or c. The investors must be provided a Private Placement Memorandum, subscription agreement, and operating agreement. While formerly the limited partnership organizational structure was used, its now mostly an LLC structure being utilized. The legal fees and filing fees for the Reg D package average about $10,000 or so. The advantage of Reg D over relying on the general exemption is (1) if you comply the SEC can't come back and say you should have registered and (2) if your sued by a disgruntled investor you have a definitive defense, which means an attorney is unlikely to take an investors case on a contingency basis - unless fraud was committed. Further. You can have any lawsuit initiated by investors in state court moved to Federal court where the Reg D safe harbor will preclude any state law liability.

2. If you are raising capital from people you don’t have a prior relationship with, and even people who you do, they would regard you as serious only if you had a professional prepared PPM and Operating Agreement. Since in the sponsor - investor platform the investor is giving up decision making to the sponsor, there needs to be a legal structure offering the investor recourse should the sponsor not act in the investors best interest, or prove incompetent to manage the enterprise.

3. Utilizing Reg D 506 C is the only way to legally use “General solicitation and advertising” in an offering exemption from registration.  Further, Reg D 506 C offerings can accept new investors money right away, while other private placement exemptions require a 90 day waiting period for investments from investors with whom the sponsor did not have a prior relationship. 

4. There is an exemption for a “crowdfunding” type of retail offering, with limits on how much of their net assets an investor can contribute.  The advantage of this is that the investor need not be accredited.  The disadvantage is that compliance is difficult, much more expensive than Reg D, and the chances of being sued much greater, while raising capital more difficult. 

@Taylor Dasch if you think big enough, you'll be able to attract all the PMLs you'll need. I do education workshops in collaboration with retirement account custodian companies. This brings in PMLs like clockwork for me. While I don't do fix and flips, many of my PMLs like to do both short and long-term loans. Reach out to me if you have any questions..

Excited to share we just went under contract on a 104-unit, Class C value-add property here in Texas. This deal checks all the right boxes — strong cash flow from day one, upside through renovations, and excellent return projections.

We’re open to bringing in additional GP partners if it’s the right fit. Whether that’s helping with capital raise, asset management, construction oversight, or other meaningful contributions — we’re looking for true partners who add value to the team.

If you’re interested in discussing the deal and seeing if there’s alignment, feel free to reach out. Let’s see if it makes sense to team up on this one.