It really depends on your time table and how much cash you have in the bank.

I have a few excellent investor trained agents who know what makes a good deal and are willing to work hard FOR me at the negotiation table so I don't have to.

Equity is important because in most deals determine how much "discount" you can get.If I own a property worth 100k, and owe 80k, I have 80% LTV, 20% equity.That means I can only sell my house to you for at least 80k, without doing a shortsale or bringing cash into the table.

A gap funder, or any lender for that matter, will usually not bring anything to the table beyond money.

Often times I have heard the high level plan put on the table and then upon drilling into the plan find prerequisites on pricing or discounts to be unrealistic.

The first time, my investor was at the closing table to make sure he got his deed of trust (mortgage here in NJ).HOWEVER, how is your equity share (the 40%) being protected?

They may insist you refi into a commercial loan with higher interest rates and you'd likely have to put more equity on the table to do so.

Every niche is important and needed in the industry and each investor brings different assets skill sets to the table.

Call it greed as there is no other word for it, however, from our perspective as investors, we feel we bring some value to the table in that we are buying the property and located a buyer.

See Table 3, Ineligibility Matrix, which says Borrowers that are corporations, partnerships, syndications, or irrevocable trusts....