Transactional funding is ultra-short-term capital, often lasting only hours, used to fund the first leg of a double-close wholesale transaction.
Log in to followTwo land parcels closed within a month of each other and left me sitting on cash I don't want to deploy into another hold yet. Somebody in a local group mentioned transactional fu…
Called two funders about a $150k first leg. One says 2% of the funded amount with a $2,500 minimum. The other says flat $3,000 plus a $495 doc fee and I wire their fee back with t…
Sitting on a file that's supposed to close Friday and the two halves of it don't want to speak to each other. My client's deal: 148,000 buy, 176,000 resell, end buyer with a local…