But then it was a nightmare of communication, we soon realized that we had to do a bunch of songs and dances to convince them to sponsor our deal, it took 4 or 5 days for them to make time to sit down with us only to tell us that we needed to schedule another meeting in another 4 or 5 days to get Tyler on the phone and let us try and convince them to sponsor us and by that time someone else was awarded the deal and we lost out.

I bet Baby Shark would be an especially annoying song. 

Imagine me asking my attorney for $35K worth of free court appearance /advise or a real estate agent to forgo the 6% fees on selling of a home or demanding my property manager give me 20 years of free property management or going to Best Buy every week and coming out with a cart full of electronics good without paying, etc.

You get into bed with these big lenders and all the fine print its like the Paul Simon song there are 50 ways to default and they will find one.

Quote from @Carlos Ptriawan: Quote from @David Song: Quote from @Carlos Ptriawan: Quote from @David Song: Syndication certainly favors the syndicator, with all the risk on the passive investor.

I'm so so happy and proud of you for going out there and doing it!

And well the Sponsor has had a successful RE business for going on two decades so I have to think there is some hope for monetary recovery..

I've been searching for going on 6 months, so I need to reflect and regroup.

@Sharon McCants - I lean toward the advice from @Jonathan Greene on your question.Years ago, I made the mistake of forgoing quality for quantity, which led to headaches and a fundamental change in the way our company operated and in the way I personally invested.

I have an incentive of $25,000 for going with the builder-specific lender, and I'm trying to figure out the best way to utilize it.