1 1098/99 INT from the sponsor? 

Also a different degree of lender, more of a government sponsored program or CMBS. 

It is best to develop a relationship with an agent or find a broker to sponsor you.

I talk to developers all over the us and most of what you have would pass my initial screening to move forward. then it would go to sponsor experience, liquidity, construction experience, site location and site reports, entitlements, construction partners, etc to clear all the conditions. make sure you have a plan to purchase all the fixtures we passed on that. not sure about hotel financing of beds, desks, etc 

Sponsors of 506(c) in my experience are higher quality than those doing 506(b). 

One key insight is that conventional mortgage bonds (mortgage-backed securities, or MBS) made up of government-sponsored enterprise (GSE)-backed mortgages are benchmarked with the United States 10-year Treasury bond, while MBS made up of non-QM mortgage loans (including the all-important ones for real estate investors, DSCR loans) are benchmarked with the United States five-year Treasury bond.

This sponsor appears to be way too green for me.

I have been networking and there are no clubs or meetups anywhere near me, and I keep getting great deals but cant find a sponsor. Ive

In general 12 months as a primary and you can utilize a government sponsored loan again.

I am in by no means promoting these syndication though haha.... in the last two months, i found those two deals , one in MF and one in industrial, the key thing that makes them attractive is that the new sponsor can assume the 3-4% loan from previous owner.