January 6, 2010
Your Team Is Your Deal
By: Sean Carpenter
You have found your perfect deal. Now you are looking for a government grant or program to help you out. This all requires a great team. Who is on your side? My most common response to many who ask that question is: make sure you have a lawyer and accountant who know more than you.
Don’t get into a position where you need to educate your vendors.
Having a quality lawyer can get your deal closed that much quicker, while having a quality accountant can make sure your finances are in order.
A few questions for your potential staff:
- Are you familiar with Government Financing?
- Have you closed any subsidized transactions?
- Do you know anyone from the allocating agency?
At least 2 of the three questions should be “yes” and should help you to make an informed decision. You may also want to inquire about the program you are seeking as well. Count that as a bonus question!
Sean Carpenter is the nation’s leading expert on Government Deal Funding for Real Estate Investors and Developers and has spent the last 12 years both consulting and getting funding for his own deals. I’ll be hosting a special interview with Sean coming up on Thursday (tomorrow), January 7th, 9:00 PM EST where I’ll be asking him about what’s involved in getting funding for your deals courtesy of Uncle Sam. Find out more and pre-register for the call by visiting: Get Public Funding