Looking for insight and guidance for flip funding

[TYLER J WARNER]

Transitioning from wholesaling into fix-and-flipping and fix-and-holding, and trying to better understand gap funding. Has anyone successfully used a gap funder or secondary private lender to cover the down payment on either a hard money loan or DSCR loan, plus closing costs and a few months of carrying costs? Looking to structure deals with zero out of pocket. How did you find your gap funder? How was it structured (interest rate, terms, lien position), and did your primary lender have any issues with it? Any lenders or resources you'd recommend for someone doing their first few flips/holds in the Midwest?

[Chris Seveney]

Your best bet is to have an equity partner. 
but to be clear - a property that is a DSCR loan and finance the down payment will not cash flow and you will be underwater every month and it will be an awful investment

a fix and flip property possibly could work but if you run into any delays and you need to still make all your payments monthly it could work but again very difficult to do.