These institutions might be willing to provide a long-term refinance option even without the 12-month seasoning period.

There are a lot of good resources for being a successful property manager and many meet up groups to participate in.

While we are faster than most financial institutions we sometimes discover last minute details (thank heavens!)

So you miss out on market participation.

You can take courses offered by the CCIM Institute even if aren't a real estate broker and have no interest in the CCIM designation.

You need to provide them with the LLC information and the trust documentation when opening an account.I have opened bank accounts for the trust and for LLCs owned by the trust at multiple institutions, including one of the four major US banks, local banks, local credit unions, online banks, multiple major brokerage houses, etc.

A properly structured syndicated offering will be an LLC as is, therefore, from an asset protection standpoint, there is very little point to forming an LLC just to participate on the LP side.Now, if you are trying to pull partnership money and charge the partnership a management fee, which sort of makes you a feeder fund into the syndication, then there are a whole host of questions for an attorney. 

As things moved slower and maybe missed out on some good tenants not wanting to participate in that process.

Jon K.Terms are 15% interest4 1/2 points$2900 participation fee25% of profitsLoans up to 70% ARVInspection fees of $225 per drawThere is more detail on my website under Hard Money Terms>100% Financing if you are curious, but the program has a very limited geographical scope.

Yes, I have read all the rules, but that doesn't always give you the whole picture of how the institution operates in practice.