Financing a commercial apartment

[Chakits Krulsawat]

I contacted a Wellsfargo lender for a Commercail loan and I told him that I wanted to purchase a 20 unit building and that I have 35% to put down and some of the down payment would come from my father in law. The lender told me that they would have to run his credit. I thought I could just syndicate the deal. Why is the lender requesting this when I want to take on the deal myself? Anybody?