When you sell the property, and access the equity in the form of liquid cash, you make your profit. 

They have good customer service, good online access, and take series LLCs.

if so do you just connect them and see if they ok to rent it and share the common spaces?

The Construction Agreement says they have access for 6 months and can extend up to 12 months.

How accessible is the sponsor?

Financing that next deal is our concern as we don't have cash reserves but we do have access to $100,000 equity in our current rental.

We are buying 7 figures a month and seeing 7-8 figures in opportunity - so no lack of opportunity in our space. 

Your mind is in the right value add space but this isnt a deal. 

I think this is your moment, friends in the multifamily space, and that if you let it pass, you might not get better terms.It can, and, I believe, will, get WAY worse for borrowers in the multifamily and CRE spaces. 

This is NOT Business Credit.By establishing a separate corporate credit profile on the EIN Number (separate from the business owner's SSN/FICO), investors can access substantial business credit lines, capital for property acquisitions, and renovation funds without personally guaranteeing the debt.This approach creates a powerful financial firewall between personal and business assets while potentially generating a significantly larger (ROI) through reduced interest rates, increased borrowing capacity, and the ability to scale investments more rapidly.The education gap surrounding EIN corporate credit means savvy investors who understand and implement this strategy can gain a significant competitive advantage.