Listening to BP Podcast episode 289 should help.If you give hime equity then the two of you would be subject to SEC regulations.However, if he simply lends you the money, then the two of you can agree upon terms that you are both happy with.

I’m not wanting to go to a bank, but am open to a partner.Having trouble finding someone with enough cash to lend privately.Current Gross rents: $2150Expected new rents within 1 year: $2500Looking for $240kpurchase price and reservesPurchase price $225-230Taxes: $1500/YrIns: $1200/YRWater/sewer: $1800/YrLawn Care: $1200/YrShould end up with close to $800-1000 cash flow after financing, depending on rate and terms.Was possibly looking for interest only for 5 years, with balloon.

Syndicators set up deals in many different ways.  

If you do not have enough of a deposit required, you could be provided a 2nd note of that amount and has a shorter pay-back period like 5 or 10 yearsThe other options included but limited to Seller Financing,  Hard Money lending, formation of a Partnership, or a FHA insured loan through a national Bank, or a local Bank. 

Hi Jimmy,20% down usually is the norm for traditional lending and some HML.

Try the Coastal Lending Group.

Thanks John.What about passive investments in syndications...does your last bullet above confirm that you feel they qualify as well?

We have not found any banks/lenders that will lend to LLC's with conventional financing because most banks want to sell the loans to Fannie Mae. 

Long-term appreciation is big because I wouldn't intend to sell anything until retirement (30+ years from now) I am also in a very high tax bracket and hopeful that real estate investments may enable more deductions.Commercial:1) I've shied away from retail strips due to feedback from banks desire to not lend there and overall amazon impact2) Looking primarily at small office complexes (2-4 unit) with service businesses - anything to look at for with office buildings?

Any reputable private lender / hard money to recommend in the New Jersey area?  Thanks guys!