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Updated over 5 years ago on . Most recent reply

User Stats

136
Posts
60
Votes
Greg Moran
  • Investor
  • Washington, DC
60
Votes |
136
Posts

how big is the niche market for small gap funding?

Greg Moran
  • Investor
  • Washington, DC
Posted

What is the smallest amount of gap/renovation funds for which you would seek private money?  I suspect that there is a break-point at which it makes more sense to just fund the gap yourself. Typically the commercial banks and hard money lenders (HMLs) have the higher amounts covered, so I'm trying to determine what the low-end values are for folks that would require gap funding to close a deal. Is that a niche market for a money provider, that any deal providers think adds value?

  • Greg Moran
  • Most Popular Reply

    User Stats

    136
    Posts
    112
    Votes
    Adam Zach
    • Rental Property Investor
    • Fargo, ND
    112
    Votes |
    136
    Posts
    Adam Zach
    • Rental Property Investor
    • Fargo, ND
    Replied

    $10,000. no rime or reason but that is my experience minimum threshold.

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