Transactional funding is a loan provided to wholesalers who purchase a property and immediately resell on the same day. This is also referred to as a "Double-closing". The property seller is "Party A” The wholesaler (you) is "Party "B". The end buyer is “Party C”. Funding is used to purchase the property from “Party A“, then the property is immediately resold to “Party C”, and the loan is immediately repaid. 

1. Clients that have a non-assignable contract. Usually when purchasing properties from banks, FHA, VA, Fannie Mae, and Freddie Mac.
2. Clients who do not want to disclose their markup (profit) to the end buyer
3. In areas where assignments are being regulated or barred outright. Several states have barred the assignment of "Equitable Interest“, you must now only transfer “Legal interest”. This now requires the wholesalers to own the real property, however short. I believe in the coming years you will see more and more of this type of regulation

No minimum, and we prefer to begin with new clients with a maximum of $200,000. As we work together on future deals, this can usually be increased on a case by case basis.

We can usually lend in an area that doesn't require our being licensed. Contact us to see if we can lend on your deal. (No New York or California)

No, we fund 100% purchase including any closing costs and fees

No- there are no financial statements or income requirements. We do however ask for information to verify who you are and that you have no outstanding judgments that would affect your title.

We charge a flat 1% fee + $100. 

Subject to a $1000 minimum fee.

• Both transactions must be funded on the same day
• Both transactions must be funded with the same title company
• Title company must agree to work with our escrow instructions

1. Single-family
2. Multi-family
3. Raw Land
4. Town Houses

This can be done digitally through the internet, email, electronic signatures, or at the title company.