We Fund 100% Of The Closing With
No Cash Out Of Pocket At Closing!
“Serving The Georgia Real Estate Markets”
THIS FUNDING IS EXCLUSIVELY FOR “WHOLESALE INVESTORS” THAT SELL TO OTHER INVESTORS
ABOUT TRANSACTIONAL FUNDING
What is Transactional Funding. Transaction funding is used in wholesale flip transactions only. Transactional funding is a “1 day loan” that is used to fund the purchase of a wholesale investment property where the investor/buyer has no intention of fixing or holding on to the property but simply wants to “immediately flip / double close” and sell the property to another investor and make a profit on the sale.
Transactional Funding Is Used Primarily When A Purchase Contract Does Not Allow The Contract To Be Assigned To Another Buyer And/Or No Assignment Fee Is Allowed To Be Paid.
Need Funding For A Wholesale Flip That Includes An Assignment Fee . . . Click Here!
Transactional Funding Program Highlights:
– No Credit Check!
– No Up Front Fees!
– No Down Payment!
– No Appraisal Required!
– No Employment Verification!
– No Income Documentation!
– No Bank Statements!
– No Liquid Asset Documentation!
– No Prior Experience!
– Prior Bankruptcy, Foreclosure, Short Sale OK!
– Must Close In Business Entity Name!
– 100% Funding (includes purchase price, closing cost and fees)!
What We Require To Fund Your Deal
– You Must Have A Contracted and Qualified End Buyer Committed To Purchase Your Wholesale Property In Order To Obtain Transactional Funding.
– Must close in name of a business entity
– Copy of Government Issued ID required
– Copy of both fully executed purchase contracts (A-B & B-C)
– Copy of business entity ownership documents
– Tentative Closing Date (We require minimum 5 business days advance notice)
– Must use our designated closing attorney (No Exceptions)
– Our firm must provide investor financing for the B-C/end buyer unless buyer is paying all cash at closing (with no financing involved).
What We Charge:
Total loan fee is: 2.50% of total cash to close Or $2,800.00 (whichever is greater)
Attorney Fee: $395.00
Our Total Loan Fee Is Added To Payoff Amount (We Fund 100% Of Cash To Close For A-B Transaction)
Where We Lend: