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Updated over 7 years ago on . Most recent reply

GAP funding request for Fix/Flip in DFW
Hi everyone!
My business partners and I have a deal under contract and are trying to get it funded at 100% so we don't have use any of our own funds out of pocket. We have the cash reserves, however - would like to keep those available for project operations, potential overages and carrying costs. We have a number of 90/10 and 80/20 loan options available to us. The primary loan that we are considering is: 90/10 (hard money).
Looking for roughly 50k in GAP funding to cover closing and down payment costs. We estimate 60-90 days max as there is no major surgery required for this flip.
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I'm happy to share the details of the deal with anyone who is interested in a good, short-term cash investment.
Please PM me if you are interested.
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Best,
-Joseph