Syndication process paperwork

[Vera S.]

Hello,

I recently was in a webinar about syndications and they emphasized how important it is to only wire funds in a syndication deal after the countersigned legal paperwork has been returned to you. They specifically said to never fund without this step complete first. I'm in the process of investing into a deal now that said they won't counter sign until 2 days after the funds get transferred. What is the usual process? Is it in fact important to get countersigned papers before funding?

Thanks!