Yonah WeissPoster
Pro Member
- Cost Segregation Expert and Investor
- Lakewood, NJ
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KP / Sponsor / Loan guarantor - what's the standard fee?
Is there a standard fee or equity split structure for someone acting as a KP (Key Principle) /deal sponsor / loan-guarantor on a multi-family acquisition? Let's say all they do is co-sign the loan, without bringing any money or active experience in the management of the deal to the table.
The situation is a first time buyer, who has a 10+ years as a broker and property manager, but does not have first hand experience in acquiring multifamily.
@Joe Fairless @Ellie Perlman @Brian Burke @Mike Dymski
*Asked this earlier on a couple FB groups, and got some great answers from @Todd Dexheimer @Dan Handford @Lennon Lee
and others, just looking to see if the BP community has any more input.