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All Forum Posts by: Victor Oden

Victor Oden has started 1 posts and replied 1 times.

Creative Real Estate Financing

Post: How do you save a deal under contract when your funding backs out?

Victor OdenPosted
  • Posts 1
  • Votes 0

Hello everyone,

I have a home under contract in Portland, Oregon. It is a major fixer, but the property is on a double lot, attractive for a developer or fix and hold investor. My goal was to fix and flip, but my gap lender and then my lender backed out. How can I save the deal or at least, get my earnest back after my 10 day inspection period? I've been looking for a new gap lender, but everyone is saying their money is already in use.

0 Votes
Portland, Oregon