I was determined not to let anything hold me back.As I gained more experience, something exciting happened.

Trying to determine why you would do it. 

To determine a realistic and justifiable ARV for this property with a 4,000 sq. ft. luxury home, I analyzed comparable sales close by in Jamestown, RI, focusing on price per square foot and property characteristics.Step 1: Identifying Comparable SalesI selected six high-end waterfront properties in Jamestown that share similar lot sizes, locations, and luxury build quality.

Clearly in general the class D will have the higher maintenance/cap ex.What I recommend is every RE investor populate a spreadsheet with current replacement costs and expected average life span in months for every item on the property to determine the expected monthly maintenance/cap ex. 

. - Next I use a calculator to determine how much money to put down. 

If this agent has been the procuring cause of sale, you are about to submit an offer and you feel confident with this agents representation let that determine if you want the ability to "shop around." 

How did you determine that 10% is the market value of your money in the first place?

Instead, you need to realize that success (or the universe, for that matter) won’t bend backward for you.Instead of asking how to become successful based on your limitations, you need to turn it around.First, you need to determine what it takes to become successful!?

Please post your due diligence checklist for the syndication investment you did.The two responses above will determine if you should invest in Syndications. 

Here’s what I’ve learned so far:Banks lend 75-80% LTV, so they likely won’t refinance 100% of the property value.They require LLC documents, rental income proof, and a strong DSCR.A new appraisal determines how much they’ll lend.If the bank offers 80% LTV on a $55,000 property, I’d get $44,000, meaning I’d need to cover any shortfall to pay off the owner-financed loan.For those who have done this, have you found banks that offer higher LTVs?