@AJ PanjaviWhat a prior buyer paid for a house is normally irrelevant information.Also, how do you know that there was no value add done?

The loan closed, but the buyer will never use them again, I will never advise a client to use them again (they were advised  not to use them this time...but sometimes clients are adamant and very loyal - which for normal banking, Navy Fed is awesome).

The heloc is at 4.5% and hml are normally 12%.

I know when I opened up our first escrow account I was thinking it was a special kind of account, but no, just a normal old savings account. 

They normally charge on a per trip basis which depends on the weather.

Ok so a few things here to unpack:1) A commercial loan is normally closed under an LLC or other entity that you own or are part of. 

I find most in our area if you ask for referral to a certain sub they will share.And I guess if I was asked i would normally ask the sub if they want me to connect them..

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

How long is normal to make initial investment back?

@Kevin GlassbergA syndication is just a cool term where a sponsor / general partner / deal finder pools money from limited partners / those with money to purchase an asset that will provide cash flow and/or appreciation.Syndications can be in start-up companies, venture capital funds, stocks, bonds, or real estate.We are on a real estate forum so we can discuss real estate syndications.A real estate syndications big sell is that it is hands off for the investor who doesn't have time to manage along with access to deals that he/she may not be able to do on her own.The cons are that you lose some control along with having a hold period that is normally dictated by an operating agreement(illiquid asset).Best of luck