As a limited partner, I would almost prefer syndicators go to a lower LTV model in the 65% range and with fixed rate debt to de-risk a bit and I would wonder if educated passive investors would be willing to take this incremental decrease in returns to de-risk.  

I wholesale in Pa, NJ and DE , we should connect.

@James De StefanoGood perspective on the animal vs pet thing.

The records you find will beNotice of Default, contains all the lender, mortgagee info, date of filing, note principle and past due amount.There's two more NODs, one each 30 daysThe coup de grâce is the Notice of Trustee Sale, date, time, location thereof.At any time, the process can be terminated with a Notice of Reinstatement, and in a non-judicial foreclosure, there is no period of Redemption.You can get any title company to put you on a list to receive this information, typically for a small fee/month.The Calif process is shown here.SEE YOUR ATTORNEY for professional advice.

There are a few out here in the DelMarVa area, but I haven't found one that seems to understand the DE market, where I live currently, which makes it difficult to accept a hard money loan.

He rose through the ranks and ended up being the President of this company and took it to unimaginable levels and one of the best visionaries in the Country.His MO was to purchase big multi thousand acre ranches and design Master Planned communities i.e Rancho California (now the City of Temecula), my home town of La Mirada, The Hollister Ranch a coastal development north of Santa Barbara and Coto de Caza an upscale private community hidden in the hills of Orange County just to name a few.Point of all this braggadocio is that had it not been for the fact that he was also a civil engineer he would have never developed the creative flair that made he and his company such a huge success. 

Usually, the requirement is that you do not sell the property for a certain number of years based on the amount of money you received + keep renting to low income families.Im currently using such a program to renovate a large duplex I own, which is also a historic home ( expensive all wood - no vinyl- new windows, de-leading, etc...).

Today's market in New York attracts so many wannabe's investors and property scouts that don't really knows what they are doing , approaching homeowners of crappy houses promising them bag full of cash (way above market value) and trying to market the property to new investors that going to loose their pants in the nearly future, NO ONE can convince me that a crappy two family frame house in bushwick NY worth 800k it is just De-Javier of 2007 right before the big crisis. back then i saw some smart *** investors buying houses just like today with their 401k and hard money loans and lost everything in few month.

The DE (Designated Underwriter) can clear loan stipulations on their own and then turns to the Sponsor for docs and funding.

For example many investors use a DST (Delaware Statutory Trust) and/or a "series LLC," but a DST is not available to residents of CA.