Who Owns the Property During Real Estate Syndication?
A real estate syndication deal is when a group of investors pool their resources together to purchase a single real estate asset. A syndicator acts as the general partner and puts the deal together to form the real estate investment syndicate. This is a great alternative to real estate ownership wherein you have to run the property and make sure it is profitable yourself. A syndication deal consists of a syndicator and a group of investors. The syndicator locates the real estate property, secures the financing, puts the deal together, and looks for accredited investors who will provide most, if not all of the money needed for the real estate investment. Once the deal is in place, the syndicator will also take charge of property management, making it a true source of passive income for any accredited investor.