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Updated almost 7 years ago,
Who uses 2nd TD Gap Funds in their Acquisitions ?
Example:
Having a 1st TD lender fund 85% Purchase + 100% Rehab,
Then bringing in a Private Money Lender 15% down, and potentially capital for Closing Costs, Points, and Monthly Interest Payments.
Do you structure your Fix&Flips or Commercial Value-Add / Repositions using 2nd TD Gap Lenders ?