WHAT IS TRANSACTIONAL FUNDING?
Transactional Funding is a short term loan provided to wholesalers who purchase and quickly re-sell a property the same day. This is often called a “Double Closing”. The seller of the property is typically called “Party A”. The wholesaler is typically called “Party B”. The end buyer of the property is typically called “Party C”. Transactional Funding deals are also sometimes called “A-B – B-C” Transactions.
There are no personal financial requirements to obtain Transactional Funding.
We do not run your credit and do not require bank statements, tax returns, etc.
WHAT ARE YOUR TRANSACTIONAL FUNDING FEES?
1.5% of the purchase price up to $1,000,000 (minimum fee of $900)
Call for rates over $1,000,000
There are NO UPFRONT FEES, NO ADDITIONAL FEES and NO FEES if the transaction does not close. All transactions have a $200 processing fee which covers wire and release charges.
Transactional Funding is a short term loan provided to wholesalers who purchase and quickly re-sell a property the same day. This is often called a “Double Closing”. The seller of the property is typically called “Party A”. The wholesaler is typically called “Party B”. The end buyer of the property is typically called “Party C”. Transactional Funding deals are also sometimes called “A-B – B-C” Transactions.
There are no personal financial requirements to obtain Transactional Funding.
We do not run your credit and do not require bank statements, tax returns, etc.
WHAT ARE YOUR TRANSACTIONAL FUNDING FEES?
1.5% of the purchase price up to $1,000,000 (minimum fee of $900)
Call for rates over $1,000,000
There are NO UPFRONT FEES, NO ADDITIONAL FEES and NO FEES if the transaction does not close. All transactions have a $200 processing fee which covers wire and release charges.
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