First time syndicator

[Mike Cordova]

I am a relatively new REI. I have completed one SFR flip and have 4 flips under construction. I have zero landlord or property management experience. A very close friend of mine is funding some of my deals. We are both fans of people like Joe Fairless, Grant Cardone and other commercial syndicator. My friend has a fairly sizable network of high net worth individuals and wants to invest in commercial real estate. My question is, what would be the first step in starting a fund? How hard is it to get financing for a first timer?