You’ve reviewed the deal, read the PPM, and now the sponsor sends you the subscription agreement and investor questionnaire. But what exactly are you signing? In this episode, CREI Collin breaks down the final legal documents you sign before investing in a syndication. You’ll learn what a subscription agreement is, what an investor questionnaire is, what representations and warranties you’re making, how accredited investor status is verified, and what red flags to watch for before you sign. This is your step-by-step guide to understanding what you’re committing to.

Do you need to be an accredited investor to invest in syndications? It depends on the deal. In this episode, CREI Collin breaks down the difference between accredited and sophisticated investor status. You’ll learn what each term means, how you qualify, why the distinction matters, what to do if you don’t yet meet the accredited investor thresholds, and how to verify your status when required. Whether you’re just starting out or evaluating your next deal, this episode will help you understand which investmentsyou’re eligible for.

Most investors sign the subscription agreement without ever reading the Private Placement Memorandum (PPM). In this episode, CREI Collin walks you through the PPM step-by-step, breaking down the seven key sections every investor must review. You’ll learn what a PPM is, what to look for, what red flags to watch for, and how to approach this critical document with confidence. If you’re putting $50,000, $100,000, or more into a deal, this episode is essential.

Confused about the difference between an LLC and an LP? In this episode, CREI Collin breaks down the two most common legal structures for real estate syndications. You’ll learn what each entity type is, how they differ, why sponsors choose one over the other, and what it means for you as a passive investor. Whether you’re reviewing your first deal or your tenth, understanding the legal structure isa critical part of due diligence.

When do I actually get paid? In this episode, CREI Collin breaks down distributions—the two types (cash flow and proceeds), how distribution frequency works, what affects distribution amounts, how proceeds distributions work at a sale or refinance, and how to evaluate whether a deal’s

What happens if the deal runs out of money? In this episode, CREI Collin breaks down capital calls and reserve funds—what they are, why they happen, how sponsors should handle them, and what your rights and options are as a limited partner. Learn how to reduce capital call risk by investing with sponsors who prioritize conservative underwriting and adequate reserves.

Is the sponsor making too much money on this deal? In this episode, CREI Collin breaks down sponsor compensation—what fees are standard, what fees should raise questions, how promotes work, and how to evaluate whether a sponsor’s