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Updated over 4 years ago, 06/09/2020
how big is the niche market for small gap funding?
What is the smallest amount of gap/renovation funds for which you would seek private money? I suspect that there is a break-point at which it makes more sense to just fund the gap yourself. Typically the commercial banks and hard money lenders (HMLs) have the higher amounts covered, so I'm trying to determine what the low-end values are for folks that would require gap funding to close a deal. Is that a niche market for a money provider, that any deal providers think adds value?