Multifamily Legacy Podcast in the NY City Podcast Network

089: Practicing Safe Syndication

When raising money make sure that you re in full compliance to avoid jail-time Don t engage in illegal activity like Bernie Madoff to swindle investors and defraud them Today I m talking to Mauricio Rauld who is a syndication attorney who does my private placement memorandums PPMs Mauricio guides us through the process of syndication to stay out of the po-po Topics on Today s Episode Definition of a Security Stocks bonds mutual funds and other items Raising Money Selling securities with passive investors involved in deals Pieces of Syndication Puzzle Mauricio is legal piece that lets you focus on underwriting due diligence and other worrisome tasks Three Options Register security or syndication with SEC find exemption to registration or consider it illegal Build Relationships to Meet Needs What kind of return do you want Are you more interested in equity or debt Are you looking for tax mitigation Bet on Corey not Property Submit a Letter of Intent LOI identify property get it under contract and perform due diligence PPM Legal document that discloses material information and risks to investors Raising Money Gets Easier Know minimum amount to raise to get deal done Links and Resources Mentioned Mauricio Rauld s Email Mauricio Rauld on YouTube U S Securities and Exchange Commission SEC Rule 506 b Rule 506 c Regulation A Regulation D Anti-Fraud Provision Bernie Madoff Michael Blank Adam Adams Rod Khleif 8 Critical Steps to Practicing Safe Syndications Multifamily Legacy Episode 86 The Juice is Worth the Squeeze Part 1 Multifamily Legacy Episode 87 The Juice is Worth the Squeeze Part 2 Multifamily Legacy Podcast on YouTube Multifamily Legacy Podcast on Facebook Quotes Corey can show you how to raise all the money and Mauricio can make sure you stay out of jail Mauricio Rauld If you re not getting all the proper disclosures if you re getting carried away with your returns there s things that you can do to make an offer illegal Mauricio Rauld Each deal is different It s got a unique risk It s a unique loan You ve got to analyze and underwrite that particular deal Mauricio Rauld In raising money your syndication attorney is a big piece of the puzzle because there s right ways and wrong ways Corey Peterson Don t forget to download my Free Workshop Quickstart Video Series and if you like what you have heard please leave a review on iTunes Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single family Click here to visit this podcast episode