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That's a horrible deal for the lender. You're taking on the risk of a second position for a flat fee? No incentive for the deal to get closed in time and no account for the time value of money. Gap funding should only be done as a LP or JV with a split in profits. If you're a private lender. Please do not do this
ОтветитьHi , who do I contact in order to structure a gap loan creatively?
ОтветитьAnyone need a gap loan? Super interested in doing this.
ОтветитьHi Corey, what's a reasonable flat fee or percentage to offer a gap lender?
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