Venice House Gap Funding Yoel M. Morales to me 2 hours ago Let me know if you want to fund this. Isaac Haastrup Details Hello. My partner, Yorlendis, put this post in Gator Method: Hey everyone! We're in house contract to buy and hold to rent in Venice, FL. We'll need $40,000 gap loan to close. We're also willing to share monthly rent. Purchase price: $220,000 Cosmetic Rehab: $10,000 PITI ~ $1700 Rent: $2,600 (mother-in-law included) You can reach us at 941-220-8632. Please let me n le anything else you need. Yoel Morales

Anyone know a gap lender they can recommend? I have a C buyer on a B-C needing downpayment funding. Thanks!

Happy Monday everyone, I found a house that is selling for under value price asking $500,000 cash deal. Apparently the original owner of the house passed away and the family just wants to sell it to not deal with fixing it up. It looks like they started doing some demolition inside but stopped. I have my brother-in-law that lives in the same street and wants to buy it. A house like this fixed up should run about 750,000.. is this more of a hard money lending situation or what other product would better fit the situation. He’s open to both fixing and flipping, but is more interested in fixing and long-term rental.

Sometimes we don't get the deal even if the numbers are perfect. I don't have anything to say, I just want to see how you all deal with the frustration when a deal doesn't work out how you planned. This is the first time I've experienced someone else who is going through the same things I have been through on my own. I didn't have anyone else to talk to to pitch the frustration to. Even if he decided on his own that I would be his mentor, we both agreed the numbers made sense, so why was his the lowest offer? 🤔 I'm just as aggravated as he is and he's a new investor getting into the commercial real estate space older than I am. How do you all deal with the deals that don't work out how you planned?

150k EMD was submitted on my site today. Seller is hard no on signing the mutual release. Very time sensitive so this is knowingly a low probability ask for anyone that doesn't require a strict mutual release and can move quickly.