Brian Netzel, CEO, commented, “This project represents the second of many more projects we want to fund in the City in the coming years.”
Gap Funders provides private rehab financing to local real estate contractors and investors who are providing newly renovated homes to professionals.
Real estate trends show that San Francisco offers these young, well-heeled home buyers the “cool” factor they seek while being close to either the City or San Jose where they work. Many work in the tech industry and want to live in the metropolitan area, close to services and the culture they desire. Many of these San Francisco homes were built in the early 1900’s and need to be completely renovated to match the discriminating tastes of these new home buyers. That is where Gap Funders comes in.
Gap Funders provides private asset-based loans so contractors and real estate investors can renovate single family homes even when they have little cash or credit by sharing equity with the client. Learn more about their program by visiting: http://GapFunders.com