For those of you who have closed your first few deals:What were the realistic options you used to cover your gap?

Hi Selam-You asked what are the stages of a real estate closing and where are the friction points and how to help make the process go smoothly.If you are new to the game, an investor friendly Realtor or experienced mentor should be able to make the closing process go smoothly.Step 1.

Ward III: How Mezzanine Funding Helped a Sponsor Close a $25M Multifamily DevelopmentWhen a multifamily sponsor in Texas faced a funding shortfall on a $25M project, traditional lenders capped leverage at 65% LTC — leaving a $4M gap between senior debt and equity.Instead of pausing the deal or raising more equity (and giving up ownership), the sponsor used mezzanine financing to fill the gap.✅ Structure:Senior Loan: 65% LTCMezzanine: 15% LTCSponsor Equity: 20%Term: 3 years, interest-only✅ Result:The project closed on schedule, equity investors kept a larger ownership stake, and the sponsor retained control.Takeaway:In today’s market, mezzanine can be the difference between “almost funded” and “fully closed.”

If you can prove malicious intent by the tenant, you may be able to make a claim against your insurance.Consult with a lawyer, but if you proceed with legal action it is likely the only one to make money will be the lawyer.good luck 

Standard can go (2) ways ELA Express Loan Approval less than 12 days to close or going FHA, VA or Conventional with Rush appraisal and still under 18 days.Biggest part is making sure the deal/loan is discussed in detail with banker, Processor, Realtor, Title company and appraiser cannot drag feet unless you use an AVM.

Quote from @Michael Santeusanio: Investor question:What cash-to-close percentage do you typically see on your projects?

Quote from @Honey Beans: Super excited and nervous to be closing on my first STR in Sunriver, OR.

What’s the fastest you’ve ever closed an investment property?

What’s the quickest close you’ve ever pulled off, and what kind of financing made it possible?

It was only a legal contract as it was, not as it is after you change it.