The Principles of Real Estate Syndication

I didn't know that was really a business. I thought just invent individuals, you know, bought little properties here and there and owned them and sold them. It's called the principles of real estate syndication. And so when you syndicate, your saying, you find a building, great yugota, phoenix, you go to baker's field,. You say, thirs great property. We think it's a good bye. We think we can renovate it...and this will be a good project over time. Thats what we do, real state syndication. The first deal, we got an f h a loan, they only hade put two % down.