Yes, you can have multiple limited partners in a transaction for the
purposes of injecting capital. The structure of the ownership entity can be
“cut up” into as many tranches as needed. That being said we do not source
capital for projects, and if a planned limited partner is contributing the
majority of the experience or capital in a deal, they will be subject to full
mortgage credit review. If an individual is going to be a “silent” partner
with no direct day to day control, then they are not subject to underwriting
scrutiny.
Greg Hunter Changed status to publish February 3, 2021