Gator Lending: Smart Real Estate Financing or Total Bullshit?
Thursday, August 27
Gator lending, borrowing from a private, individual lender you found off the internet gets pitched a lot as a flexible way to fund a deal. In reality, it rarely plays out that way, and it's worth understanding why before you count on it. You're the One Getting Underwritten When you go to a privat...
What It Actually Takes to Qualify for MCA or Business Credit
Thursday, August 27
A lot of business owners assume they're too far from "bankable" to qualify for outside funding — and end up not applying at all. The truth is, the bar for MCAs and business lines of credit is real, but it's far lower than most people assume, and nowhere close to what a traditional bank loan requi...
How to Cover Your SBA Equity Injection When Buying a Car Wash
Thursday, August 27
If you're working toward an SBA loan to buy a car wash, there's one piece of the puzzle that trips up more buyers than anything else: the equity injection. Lenders typically require it, and where that money comes from matters just as much as how much you can raise. Here's a breakdown of the three...
The Hidden Cash Gap First Time Flippers Face, and How to Close It
Monday, August 24
Every lender will tell you that you do not need experience to get approved for a fix and flip loan. That part is true. What most lenders will not spell out upfront is what that approval actually costs you as a first timer. Fix and flip lending is asset based. The loan gets underwritten on the dea...
Gap Funding Requirements: The Fine Print Most Investors Miss
Monday, August 24
If you have ever searched "gap funding requirements," you probably pictured something simple. Decent credit, a solid deal, done. That is not what the actual published requirements look like once you dig into one of the bigger private gap funding pages, and the gap between expectation and reality ...
Gator Lending on a Fix and Flip: What the Fine Print Hides
Friday, August 21
If you spend any time in fix and flip investing circles, you have probably run into the pitch for Gator lending. A private investor puts their own money into your deal in second position, behind your hard money loan, and suddenly your cash to close problem disappears. Up to 100% financing. Little...