Short Term
Gator Lending
Hey there fellow real estate wholesaler!
Have you been hearing that you can get started in real estate investing without any money by wholesaling, only to find yourself needing to front an earnest money deposit to lock up the deal?
I am a proud member of Pace Morby's Gator Lending tribe, and that's where we come in.
What is Gator Lending?
Gator Lending covers any type of transactional funding that helps get that property under contract. It may also be called flash funding, same-day funds, ABC funding, or one-day bridge loan. Simply put, it is a service for the real estate industry in which we help you fund and lock in your deal. Whether you are new to the real estate industry and you need funding for your earnest money deposit (EMD) or you are a seasoned investor and require gap funding, or you need to double close because you are in a state that doesn’t allow wholesaling and you need to hide your assignment or any other number of creative transactions that require a double close, we are your solution!
Earnest Money
From $1000 and Up!
Gap Funding
Fund your Fix & Flip!
Double Close
Hide your Assignment Fee!
Joint Ventures
Partner with the Experts!
Off-Market Deals
Download and use this universal wholesale contract and there's no need to get the seller to sign the addendum.
Under Contract
Already have a deal under contract? Download this addendum that the buyer and the seller must sign. (Many realtors or sellers will not understand why this is needed and you can have them call me for clarification)
On-Market/MLS Deals
When placing offers with realtors they will be using standard state contracts. Download and submit to me the Under Contract Addendum.
*Tip: When placing offers, give yourself a long enough inspection period to find a buyer.
What Happens Next?
All parties have signed the universal wholesale contract or standard state contract and my addendum.
It's been submitted to the title company you and/or the seller has chosen
I need the name, address, and phone number of the title company
I need the escrow file name or number
There will be 3 other forms that I will fill out and send to you via Docusign for your electronic signature
Must provide proof of identity:
Drivers License
I submit signed forms to title
Wire the money
Most Common Reasons Why I Will Not Fund
Contracted a property found on the MLS or any related websites over asking/listed price.
Contract does not have assignment addendum or clause.
Contract does not have an inspection period.
Asking for same day funding. Need 3 business days.