Your deal needs to be strong with a quick turn to make the numbers work.A syndication is basically the pooling of investor funds for some type of business endeavor, where the success or failure of the business is solely dependent on the sponsor.

Pretty cool gig if you ask me.However, there are programs that FHA sponsors such as an FHA 203K, which allows you to purchase a home AND its improvements/renovations, and put a total of 3.5% down.

Not sure about your state but in TX, all you need to do is find broker to sponsor you as "assistant" and fillout online app and pay like $90 every 6 months to the realtor board.

In Texas, you will have to find a broker to sponsor you and join the Board of Realtors your Broker is affiliated with. 

I understand that they are somewhat of a sponsored post and would like to read past posts before I was a member.

My business in incorporated and I am the sponsoring broker and only employee.

Not wanting to leave anyone out of the deal who wants to participate, not sure how that step of the process works.Generally the sponsor will front the up-front money, but if you wish to get folks committed it would not be uncommon for investors that participate passively to share in the funds at risk as well.  

After doing my research on sponsoring brokers, I went with ARNI Realtors in Des Plaines.

You are of course limited by state usury laws in the interest rate you charge, but I can't imagine that there'd be a compelling government interest to limit how many private loans you could sponsor.

I'd think that if the "program" disclosed were totally compliant, addressed legal areas and was a viable business practice, it would have been better defended, perhaps by the broker/supervisor who was sponsoring that practice.