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Updated about 4 years ago on . Most recent reply
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Background of a deal Sponsor Example
Hello,
I am looking to move from residential multifamily into the commercial multifamily. I started working with a commercial loan broker to see what size loan I would be able to qualify for. Aside from the standard financials they are asking for background on the sponsor.
I didn't see anything on the forums for examples and my google searches kept bringing up how to apply for sponsors.
Does anyone have examples or places to go to see examples for Sponsor background?
Would you recommend asking the lender for examples or is that frowned upon?
Thanks!
Most Popular Reply
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Just basically a resume of all your projects. Holding time, returns, etc..
Bio about you. Small synopsis of your plans for the property.