References: Too Much of an Imposition, or What?

[Jason Merchey]

I did a fair amount of due diligence on some North Carolina based syndicators, fairly new to the business. Their first deal is going okay so far, but not great. 
I asked to speak to references, both on their prior deal and the current one I am considering. 
They said it was an unusual request, and it took two requests to get their response. 
The response was something like "Well, I will see if we can find a person or two who will jump on a call with you for a few minues." I felt kinda put off. 

They also won't give refs for folks who are in on their current deal.

Any feedback on this? Am I expecting too much ? 

Are they being cagey and trying to hide something? 

I kind of doubt they think I am a tire-kicker. Maybe they even feel I am obsessed with asking them questions.

I'd like your feedback please. 

[Greg Dickerson]

@Jason Merchey you are absolutely doing the right thing asking for references and doing thorough due diligence.

Any professional and successful syndicatior would welcome this request and have a list ready for you.

Sounds like you need to look elsewhere. There are plenty of top notch professionals with successful track records for you to invest with.