Q. What is transactional funding?
A. Also known as a “double closing,” transactional funding is a short-term loan provided to wholesalers who purchase and quickly re-sell a property on the same day. The property seller is known as “Party A.” The wholesaler is “Party B.” The end buyer of the property is “Party C.” Transactional Funding deals are also sometimes called “A-B – B-C” Transactions.
Q. When is transactional funding needed?
A. Our clients use our Transactional Funding Service for two fundamental reasons:
Q. Are there minimum and maximum funding amounts?
A. No. And we are proud to be the industry leader in funding large deals of over $1 million for real estate wholesalers.
Q. Is credit a factor to obtain transactional funding?
A. No. There are no personal financial requirements to obtain transactional funding. We do not run your credit and do not require bank statements, tax returns, etc.
Q. I work in a different state than your office. Will you still lend to me?
A. Yes! We help to fund real estate wholesale deals across the U.S., excluding Alaska, Hawaii and New York. Our goal is to empower wholesalers nationwide to close on more deals and keep more of their profits!
Q. Do I need to come into your office to sign papers?
A. No! Our process makes it easy to quickly access funds remotely. We make the process simple for all borrowers. Signatures can be completed digitally, making the process simple for you.
Q. How quickly can you provide transactional funding?
A. We can provide the best transactional funding almost immediately. Reach out to us today to learn more about what we can offer you!
Q: Do you provide proof of funds letters?
A: Yes! Our Loan Approval letters are FREE and available to you email: tara@taraloans.online . Proof of Funds
Transactional Funding
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