If you don't have sponsorship, by definition you don't have a deal - full stop. in some aspects, but but I'd argue in development you have to find land and partners at the same time. you have to have a competitive advantage and local knowledge. may not apply and probably different sectors. we break development up into multiple raises like Series A, Series B, etc in venture debt and discount equity tranches based on what stage the investor comes in for higher returns it's earlier like when we are investing in engineering services etc we recapitalize and spend our money with an equity sale and recapitalization. structured finance is so interesting 

Competition creates a healthy financial environment and the US will do what it does well circle back around and create a back door and establish new vendors to buy/sell.

They are often used to finance large, income-producing properties and offer competitive interest rates and longer loan terms.

I will admit it's lacking a few features I would really like, but it does the IMPORTANT stuff well!

Having to book your own AirBnB is a great tool for direct insight into demand, rates and competition. 4.

With inventory more scarce in the Midwest and Northeast, sellers there have less competition for their listed homes.

Using the bidding system it forces competition which is the essence of a free market and keeps pricing down. 

If often more that they are abandanoning the property to the government because there is some type of constraint, i.e. there is a street light oddly placed in the middle front part of the parcel, there is a creek or wash (which means environmental permits would be needed), there is lack of true legal access, zoning problems, etc. 

When I hear how much people are spending on education with gurus or even 'local' coaches, it breaks my heart--that money could've been a downpayment on a house.If one is committing to spending tens of thousands of dollars whether upfront or splitting a minimum amount of deals, it's one of the worst mistakes that you can make in my opinion...In a world where information is at our fingertips and there is a blueprint that exists for everything, you'd be better off investing in courses on overcoming fear of change, lack of motivation, etc.

Plus, syndicating often no longer makes me competitive because of all the fixed expenses (like creating the PPM, the LLC, and generating tax docs).So, for those small deals, I’ve simply had people (2-4 people) lend directly to my LLC, backed by the deal in chunks of ~$50K.