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 followI've got two transactional funding quotes on a double close scheduled for next Thursday and I can't separate them on price, so I'm trying to separate them on what happens when it…
Term sheet in front of me from a transactional funder and I keep circling the same three paragraphs. Facts. Funded amount 214,000. Flat fee 4,200. Advance wires morning of, repaid…
Under contract on a small three bedroom rental at 168,000, my first one, and my loan officer asked a question I couldn't answer. He pulled the county records and the person on my…
I run closing coordination for a couple of wholesalers, mostly chasing signatures and title conditions. One of them just sent me a deal she wants to double close instead of assign…
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…