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 spent a year trying to work out which lane I belong in and this deal finally gave me a real comparison instead of a hypothetical. Contract at 205,000 on a tired but clean fou…
I've been putting a slice of idle cash to work on the funding side of double closes for about three quarters now, and last quarter was the first one clean enough to be worth writi…
Six months of nothing and then this one went through in a single morning, so I'll write down what it actually cost while I still remember. Small three bed in an older subdivision,…
I'm about as new as it gets, so treat this as a field report and not expertise. Deal was 142,000 to me, 167,000 to the end buyer, both legs on the same day, funder at 1% flat so 1…
Three bed ranch in a working class suburb, contract at 118,000, end buyer signed at 139,500. Spread 21,500 and I had it under contract for 21 days. End buyer was using a DSCR lend…