When an investor receives a property under contract from a seller, the funding process begins. It could be a single-family home (SFH) or a multi-family property, but the crucial point is that the investor lacks the funds to complete the transaction with his seller. Another explanation could be that the investor's profit is significant enough that he does not want the original seller or his end-buyer to know how much. Once the investor has identified a buyer, he can finalize the deal with the seller and then sell to his end-buyer for a profit.

Transactional funding is a means of providing funds to an investor for the acquisition of a property that has already been resold to an end-buyer. The funds are often spent for less than a full day when the investor closes with the seller and his end-buyer closes later in the day.

A Double Closing occurs when the acquisition and sale of a property are completed on the same day. The end-buyer can close first or second, but the initial seller must close on the same day in order to qualify for Transactional Funding. If the A-B "leg" closes one day and the B-C "leg" closes the next, "extended" Transactional Funding is required. This lengthy use of the funds will constitute a hard money loan, which would typically require a mortgage and note to secure the lender's money.

On this website, I have a survey that compares our rates to those of local and national lenders. Make sure you understand all of the fees you will be expected to pay while shopping for this real estate service. Consider the funder's experience as well, so you can be confident he will close on time.

Absolutely! We recognize the significance of demonstrating your financial readiness to sellers. That is why we issue a Letter of Proof of Funds (POF). This letter is your key to establishing your ability to purchase the property, greatly increasing the chances of a successful transaction.

We believe in transparency and simplicity at Wholesalers Transactional Funding. As a result, we only charge a 1% assignment fee plus a $30 wire fee (California charges 1.5%). While borrowers may experience additional prices elsewhere, we take pleasure in having no upfront or additional fees.

With us, qualifying for transactional funding is simple. We require the following:

The AB Contract (contract with the seller)
BC Contract (contract with the Buyer)
Your Driver's License
EIN or SSN
LLC Operating Agreement (if purchasing within an LLC)

There is no minimum credit score or check necessary! Free yourself from the shackles of credit checks and monthly payments. By teaming with Wholesalers Transactional Funding, you free up your time to focus on deal-making without distractions.

There are no entities necessary. We are here to provide transactional money adapted to your needs, whether you are an individual or a business.

We do not provide long-term transactional funding. We only provide same-day closings, and they must be completed by the same closing agent.