Is this the type of deal a newbie should roll with?

[Account Closed]

Hey, I hope all is well.

I own a condo but this is my first shot at an investment property. It cash flows ~ $7k/ year. Turnkey, all units occupied.

I'm looking to gap fund the downpayment. If I disclose the gap fund to the comm lenders and they approve, is this the type of deal people usually start with? From what I understand the gap funding will eat into the cash flow. 

Thanks for any advice.