Accelerated Real Estate Investor 279: The Difference Between Loan and Deal Sponsorships with Josh Cantwell
Last week, I was in Houston to check out the 552-unit and 104-unit buildings that I own with some JV partners. I also attended a mastermind with intermediate to advanced residential investors who are new to multifamily, but have extensive experience flipping and wholesale homes and oversee 200-500 units.
One thing that I noticed, as they grow their businesses and start to do larger deals, many of these guys are now trying to sponsor loans–and their questions inspired today’s episode.
If you’re looking to have a better understanding of the differences between loan and deal sponsorships, I hope you’ll get a ton of value from this episode. You’ll learn what a deal and loan sponsor’s roles and responsibilities are, you’ll see how these roles play out in my own deals, and how to find someone with the key experience to make your dream deal a reality.
Key Takeaways with Josh Cantwell
- Why the deal sponsor is the person who finds the deal and takes the lead on putting together the dream team.
- How the loan sponsor gets qualified for the loan needed to do the deal–and how much liquid capital they’ll need to make it happen.
- How I became the deal and loan sponsor on a property I’m buying right now.
- Why it’s so important to build out your network to find loan sponsors.
- How to find key people with the experience you need.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/279
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