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Updated over 6 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Daniel Spear
  • Specialist
3
Votes |
9
Posts

Finding a Sponsor for an Eleven Unit 900K deal

Daniel Spear
  • Specialist
Posted

I have a very promising 11-plex that I am looking to partner with investors on. One key piece that I am missing is a more experience investor to sponsor the deal. Does anyone have any suggestions on how to find sponsors? I do know that lending can be complicated with a sponsor and a less experienced person on the deal, but I know a good lender to go through, so I am confident that it will be possible to overcome that obstacle.

In addition, this is a relatively small deal. It is not a 100 unit behemoth. Are sponsors willing to go in on smaller deals?

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