Transactional funding is in essence a very short-term lending solution to facilitate a real estate transaction.
Imagine having a open-ended line-of-credit in which you can buy as many properties as you like. All you need is a purchase agreement for the home to be purchased, and a sale agreement from the end buyer – we can provide you with unlimited funding.
Here’s how it works:
“A” – Is the Wholesale Property Seller
“B” – Is the Real estate Agent/Client
“C” – Is the End Buyer
“A” sells to “B” (known as an AB Closing) and “B” sells to “C” (known as a BC Closing)
Jim Hyde – 615-869-0603