Closing On A Property, But Need More Time

[Matthew Bernal]

Hey everyone! I have a property that I am trying to get funded for a client. He hired me about a week and a half ago, to obtain some consolidation capital for him, come to find out he has a $3,000,000 acquisition in which none of his funding team took any action to close. I was able to get him $3,400,000 for the for the first position, and $130,000 for the EMD plus closing costs. We are closing tomorrow, and I am still short about $430,000. I was wondering if a Double Close would be the best way to buy more time to get my current investor prospects 100% onboard. If not, what's the better way, other than putting more money into escrow to purchase more time? Thoughts?