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Updated about 4 years ago on . Most recent reply

User Stats

20
Posts
12
Votes
Geoff Garrett
  • Latham, NY
12
Votes |
20
Posts

Background of a deal Sponsor Example

Geoff Garrett
  • Latham, NY
Posted

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

User Stats

326
Posts
265
Votes
Erickson Sainval
  • Investor
  • San Diego, CA
265
Votes |
326
Posts
Erickson Sainval
  • Investor
  • San Diego, CA
Replied

Just basically a resume of all your projects. Holding time, returns, etc.. 

Bio about you. Small synopsis of your plans for the property.

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