What is a Syndicate?
What is a real estate syndicate? It’s a way to invest in real estate, but not many people have heard about it. A syndicate allows investors to pool their money to purchase real estate in a way that most could not afford to do on their own. For example, building a 200-unit apartment complex, construct a hotel, or developing a residential subdivision. But by pooling together as a syndicate, individuals can own a share of these projects. In order to invest in a syndicate, the government requires that you be an “accredited investor” which means you have a net worth of at least $1 million excluding your primary residence or you have an annual income for at least two years that exceeds $200,000 for an individual or $300,000 for a couple. While I don’t lead syndicates, I can certainly refer you to one if you are interested in learning more.
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