Like @andrew postell says in a previous answer, prepayment penalties are prevalent in these types of loans. 

Of course, there is no commitment necessary, but I would love to hear what you guys think of the idea.

This way he can simulate the loan conditions while using the HUD numbers before I'm committed.

I wouldn't commit to split it with him, might be raking you over the coals if you do that.Hope that helps,Chris Pre

This is all jump start your investing and if you commit to doing just one of these consistently for a month you should have a deal show up.

The resources are out there and It's possible 1000% with commitment to learn. 

When you make a commitment to be a syndicator you need a back office and Staff like Brian has.. there is a ton more to it than take a course and become a syndicator.. so its not my gig.. 

Hello,1) how can a hard money lender commit to a rehab amount they will fund prior to closing?

The commitment letter had the following language;Transfers/Assumability: Subject to Lender’s then-current underwriting requirements and compliance with the other requirements of the loan documents, the Loan is assumable by a qualified transferee of the Property for a fee of 1.00000%of the unpaid principal balance of the Loan at the time of such a transfer (a “Consented Transfer”).My question relates to the terms of the loan and savings to the buyer.

They typically ask no more of you than to respect their time; follow through on your commitments; and a demonstration of your desire and ability to learn.