Why Some “Good Deals” Never Get Funded

[Frankie Vozzi]

Usually it’s not the property. It’s how the deal is put together.

A few things that come up often:

• Numbers are too tight → deal only works if everything goes perfectly
• Exit isn’t realistic → refi or sale assumptions don’t match today’s market
• Scope is unclear → rehab numbers aren’t detailed enough for underwriting
• Liquidity gets stretched → investor qualifies for one deal, but not the next

None of these kill a deal immediately but they raise enough questions that funding gets harder or slower.

The deals that move smoothly are usually the ones that still make sense with a little margin for error.

Curious what’s been the biggest reason you’ve seen deals fall apart lately?