100% Transactional Funding
NEXT DAY CLOSE
We can turn your deal in 24 hours or less
NO UPFRONT FEES
Only pay if your deal closes
Includes purchase price and closing costs
Double Close with Next Day FundingThere are no up-front fees with our transactional funding program, and we can close your deal on a very short notice! We will fund 100% of the entire purchase price and closing costs. Our clients come to the table with no money down!
We Specialize in Loans for Texas House Flippers and Wholesalers
What is transactional funding?
Transactional Funding is a short term loan provided to a property wholesaler who purchases and quickly re-sells a property the same day. This is often referred to as 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 to B and B to C transactions.
When is Transactional Funding Needed?
Wholesalers use our Transactional Funding Service for three basic reasons:
- They have a contract that is not assignable to a third party. This is typical when purchasing properties off MLS, bank owned properties, or properties owned by government entities such as HUD, FHA, VA or Fannie Mae.
- The wholesaler is choosing not to assign the contract in order to maximize their wholesale markup. Many times an end buyer will not purchase a property if the assignment fee is too high. You do not have to disclose your contract details to the end buyer when you utilize our Transactional Funding service.
- When a wholesaler uses transactional funding it allows the Seller to perceive them as the end buyer, or cash buyer at the closing table.