I would shop around your local banks (not big banks) and credit unions to find a more favorable financing option and I would look into some of the other finance options like RealtyShares (they're a BP podcast sponsor) before even considering claiming owner occupied if you know you truly are not going to live there.

There are always sponsors who are lenders.

Is it unusual to structure partnerships so that the sponsor/operating member of the partnership (the person that put the deal together and managed it) completely cashes out the equity partner during a refinance and assumes 100% ownership of the property? 

Joel Owens Larry Fried Cary Plotkin I currently work for Bill Exeter and prior to this position I worked for a DST sponsor for 10 years.

@Caroline GerardoI think a lesson people will need to continue to learn is they get sucked in by who is part of a sponsor or some cool idea, but again forget to read the fine print.

I would say one main thing you want to consider is…if you are an investor on a crowdfunding platform, do you have access to the lead deal sponsor?

Account Closed, can you forward to me that information too (details including; company presentation, past deals closed, program details and our sponsors!).

I'm thinking about being sponsored by a major i.e.

Sponsor charity events where you can put up a booth.

The exempt transactions include sales by HUD of real estate-owned (REO) properties under HUD’s regulations in 24 CFR part 291, sales by other federal agencies of REO properties, sales of properties by nonprofit organizations that have been approved to purchase and resell HUD REO properties, sales by state- and federally-chartered financial institutions and government sponsored enterprises (GSEs), and, upon announcement by HUD through issuance of a notice, sales of properties in areas designated by the President as federal disaster areas.