Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

9
Posts
2
Votes
Gary Wright
  • Investor
  • Arverne, NY
2
Votes |
9
Posts

Sponsor Condo Apartments

Gary Wright
  • Investor
  • Arverne, NY
Posted

Hello Everyone! Recently I was scanning through loopnet and I came upon this deal in New York which read" 19-Unit Sponsor owned Condo package Rockaway NY". Being a new investor, I have never heard of a Sponsor owned Condo package. Can anyone in the land of Bigger pockets tell me what does this mean and how different it from other real estate deals and how should I approach this deal. How do I protect my self, what to look out for. Any insights will be helpful.   Thank you all, Gary.

Loading replies...