The Process Of Investing In Real Estate Syndications

In line. After you put in your soft reserve. It buys you time to go back and look at the investment summary and other information to help you decide if you want to invest in this deal or not. Then we will take a look at all the soft reserves based on first come first serve basis and notify you if you have a spot in the deal. This points up to you to decide whether or not you want to confirm your spot or pass on the deal. Once you confirm your spot in the deal, the next step is the legal docs. I know this is everybody's favorite part, but it's a very necessary and important step. Often this will be referred to as the PPM or the Private Placement Memorandum. It's a long legal document with a lot of legal language in it. You'll have the ppm, the operating agreement and the subscription agreement that covers the fine print of how this deal will work, your role as the investor, the general partner's role, what the business plan is and more.