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7 April 2024 | 34 replies
So I was looking for a quick/responsible person/family to rent and take very good care of the house and treat it as his/hers,if you can promise us that you are going to take very good care of the house you have no problem with us.The house is located at ( 156XX 60th Ave N, Plymouth, MN 55XX ). 3beds 1baths The rent is $800 security deposit payment to move in asap is $700,Attn : The rent are including the Utilities are intact such as Dishwasher,Dryer, Electric Stove, Fridge, Washer,Air Condition,Sewage,Trash,all included in the monthly rent,as i am in a governmental programmer that sponsors my utilities on monthly basis etc..
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5 April 2024 | 4 replies
I am going to try to articulate my curiosity the best I can, so here we go...I am young but have been blessed to be surrounded by a few good sponsors with their own teams in place, and they have told me when I come across a "good Deal" I can send it to them and be a part of the deal (75unit+ apartments).
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5 April 2024 | 6 replies
The sponsor will always have a 2-6 year disposition plan.
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3 April 2024 | 5 replies
With a strong network of brokers, a sponsor, nothing you can't crack into -- and per some feedback I've received on BP from veteran investors, they'd always suggest to look at logistics and proximity first.
3 April 2024 | 4 replies
The legal requirements considering the fact that the project is overseas and the Sponsor can be either US citizen or foreigner 3.
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3 April 2024 | 2 replies
This leaves friends/relatives wanting to help you out (emotional based investing) or people unsophisticated and naive (likely disciples of a currently heavily promoted guru).When I, or any other investors (with significant capital) I know of invest, either equity or debt), we only consider deals where (1) the “sponsor”, or borrower have a significant investment of their own capital, unless they’ve owned the property many years.
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2 April 2024 | 6 replies
What is always boils down to is risk profile, what is the experience of sponsor and LTV of asset.
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2 April 2024 | 4 replies
But you need to be licensed, and have a Broker Sponsor you or be a Broker yourself.
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1 April 2024 | 8 replies
For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).
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1 April 2024 | 3 replies
I currently have a document sponsor, but not a compliance provider.