Updated 2 months ago on . Most recent reply
11 hour Deal
I have a deal UC right now in Naples, Fl. it's the 11th hour for DD. We have the capex from our contractor, construction 100%. stabilized appraisal from June 2025 and a solid entry. JV or hard loans, creative financing etc are all on the table to get the deal done. We are uc for 7.6m exit stable at 20m. Why is it so hard to find the funding? Or individuals to take the risk? "Only deal with people we know" is common response when I've reached out to individuals. The pe group I work with has 2 funds and a track record of on time or early loan payment. No pg non recourse. Above market %. we are expecting to be in and out in 18 months. Any advice?