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Updated over 6 years ago on . Most recent reply

Gary Wright's profile image
Gary Wright's profile image
Gary Wright
  • Investor
  • from Arverne, NY
  • Member since Mar 30, 2015
Connect

User Stats

9
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2
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Gary Wright's profile image
Gary Wright's profile image
Gary Wright
  • Investor
  • from Arverne, NY
  • Member since Mar 30, 2015
Connect
Gary Wright
  • Investor
  • Arverne, NY
2
Votes |
9
Posts
Tax, SDIRAs & Cost Segregation

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.

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