Understanding the Process

[Cameron Daulton]

If most banks dislike money that has been borrowed for use of a down payment on a mortgage, why is it that Investors can use hard or private money lender’s or OPM to do deals?

[Collin Placke]

In the case of multifamily syndication, the private investors are Limited Partners in the deal which means they funds raised by them to close the deal are not considered borrowed because the LPs are partners in the deal.