Funding a syndication

[Frank Boenzi]

I'm looking to be the general partner in a syndicate. When raising funds, do I need to raise the full purchase price amount of the property or can I raise the down payment amount and fund the rest through a lender? If crowd funding the down payment and getting a loan for the rest is an option can anyone recommend which bank or lender I should be speaking with. I am leaning heavily towards mobile home parks. Any help is greatly appreciated! Thanks. 

[Chris Levarek]

@Frank Boenzi Typically you will raise (Renovation Budget + Down Payment + Closing Costs). Where Closing costs includes broker, attorney, syndication fees, etc.