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Learn how transactional funding works and how you can use it to double close a real estate deal. Get transactional funding for a whole sale real estate double closing from DoubleClose.com. There are no upfront fees and this is a more affordable option. Visit our site (https://www.doubleclose.com/) to learn more.
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What Is Transactional Funding? How Does It Work?
Transactional Funding Transactional funding is another name for a short-term loan that’s usually repaid on the same day. Transactional funding is what real estate wholesalers typically use to do double closings.
How Many Parties Are Involved In This Transaction? Three parties are involved in this type of transaction: • The Seller (A) • The Wholesaler (B) • The End Buyer (C)
How Is The Funding Used? Once the wholesaler (B) has a motivated seller (A) and an end buyer (C) ready, they can do what’s known as a double closing and profit from the transaction.
Types Of Properties Bought Using Transactional Funding • Single family residences • Apartment buildings • Commercial properties • Plots of land
Cost Of Transactional Funding Most transactionalfunding lenders charge a flat fee that can be anywhere from 1% to 3% of the loan amount. Most of them don’t charge any upfront fees.
Benefits Of Transactional Funding • Less expensive • Fast underwriting • Reliable • Time-tested
Do you need quick transactional funding to double close? We can help you!
At DoubleClose.com, we offer transactional funding for real estate wholesalers. You can get under or over $1 million, and there are no upfront fees. Visit our website www.doubleclose.com to get started!