Jersey Shore South - Somers Point, NJ - 6:30pm
LOCATION: Sal's Cafe Coal Fired Pizza - 501 New Rd, Somers Point, NJ 08244
SJREIA Members attend FREE -- Visitors pay $20
Meeting the 3rd Wednesday each month
Your FIRST SJREIA Meeting is FREE!! Use PROMO CODE SJREIA when you RSVP
Bridge the Gap: Combining Hard Money & Business Lines of Credit for Maximum Leverage
Presentation by Michael D'Angelo, MB Capital Solutions, LLC
- What is Gap Funding?
- Hard Money Loans: Fast Capital for Real Estate Deals
- Asset-based lending for acquisitions, rehabs, or short-term projects
- DSCR for long term hold on rental properties
- Combine both products to complete your BRRRR
- Business Lines of Credit: Unsecured Capital on Demand
- $25K–$150K in revolving credit
- No collateral, based on personal or business credit
- Use for rehab costs, holding costs, or reserves
- Why Use Both Together?
- Stretch Your Capital: Use LOCs for soft costs or cash-to-close
- Stay Liquid: Keep reserves while closing fast with hard money
- Increase Deal Volume: Run multiple projects without tying up all your cash
- Creative Structuring: Use LOCs to cover gaps hard money won’t fund
LOCATION: Sal's Cafe Coal Fired Pizza - 501 New Rd, Somers Point, NJ 08244
TIME: 6:30pm to 8:30pm
COST: SJREIA Members attend FREE -- Visitors pay $20
Your FIRST SJREIA Meeting is FREE!! Use PROMO CODE SJREIA when you RSVP
- Please RSVP if you plan to attend
PLEASE plan to order something from the menu (they have great food!)
Focus Group Leader David Ingemi