Updated 7 months ago on . Most recent reply
Gap Lenders for a fix and flip?
Hi
is there a list of Qualified Gap Lenders available? Or how does one find that particular type of lending?
Most Popular Reply
There is no list of qualified gap lenders -90% of them online are scammers as the reality is any sane investor will not take the risk of financing up to 100% of the transaction - and if they do it will be at credit card rates which makes the deal metrics almost never work.
only time it works is if there is a borrower who has other assets that they can cross collateralize.
- Chris Seveney
7e investments
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