As an experienced wholesaler, you understand the importance of a swift and seamless transaction. But finding reliable funding doesn’t have to be tedious or require any money from your bank.
Wholesalers nowadays take advantage of transactional funding to access short-term opportunities with ease. This form of financing allows wholesalers to purchase a property quickly and sell it for a healthy profit without taking on long-term liabilities or waiting for conventional loan approval.
With Wholesalers Transactional Funding, we help you get the funds you need to close a deal before it falls through. With our reliable services, you can rest easy knowing that a team of professionals has your back.
Steps to Double Close A Residential Property With Us
Our knowledge has extended since 2014 making us experts in the real estate transaction business. We understand the ins and outs of wholesaler financing and ensure you find the resources you need to complete a successful transaction.
We make real estate transactions effortless by providing a convenient bridge between buyers and sellers. Let’s see how the process works.
Find The Deal
The first step to a real estate transaction is to find a residential property owner that wants to sell. Uncover a property available at an affordable price and successfully negotiate with the seller.
Negotiate The Contract
Negotiate with the seller to agree on a purchase price and terms. Make sure you find a price that you both agree upon for a seamless sale.
Locate The End Buyer
Secure the property with a contract or option to buy. The wholesaler can then assign this contract or option to another buyer OR they can sign a separate contract with you and double close.
Due Diligence
Before agreeing to purchase a property, the buyer should take their due diligence seriously and extensively evaluate it. This inspection would include ensuring that all needed repairs are taken care of, or accepted in as-is condition, while confirming that all pertinent paperwork is in order.
Contact Our Experts At Wholesalers Transactional Funding
Once you have all the documents, it’s time to contact us to facilitate the funds; we’ll then work behind the scenes with the closing company until title is clear and closing is scheduled., If our loan is over $100,000 then we’ll have a loan payoff on the BC side with our 1% origination fee and $30 wire fee. THAT’S IT!
It is essential to contact us at Wholesalers Transactional Funding to make sure your transactional funding runs smoothly throughout the entire process.
Get The Profits You Want With Wholesalers Transactional Funding
Regarding real estate funding, Wholesalers Transactional Funding is your go-to choice. At Wholesalers Transactional Funding, we are your top solution for transactional funding for wholesalers interested in double-closing residential properties in the USA.
Time is of the essence in real estate transactions, so we prioritize swift loan processing and timely funding. We offer fast turnaround times on our loans, with many clients able to access same-day financing when they need it most! Getting your funds is easy; follow these 3 steps:
- Contact Online Or By Phone
- Speak To A Professional
- Get The Funds To Close The Deal
Make all your transactions successful with our assistance. Enjoy your profits and grow your business today. We are proud to offer transactional funding for wholesalers nationwide!
NO UPFRONT FEES ♦ NO ADDITIONAL FEES ♦ NO MONTHLY PAYMENTS
NO APPRAISAL ♦ NO CREDIT CHECK
A typical case study
So let's look at the process step-by-step with an example:
- The wholesaler enters into a contract to buy a single-family home from the original seller (let's call him A) for $300,000 - Part 1 of the transaction.
- The end buyer (call her C) signs a contract to buy the wholesaler's property for $350,000 on the same day as Part 1 (i.e., Part 2 of the transaction).
- The wholesaler delivers a BC contract signed by C (the end buyer) to the transactional lender.
- On the day of settlement, the transactional lender lends the funds to the wholesaler to pay A.
- Immediately after completing Part 1 (of the two-part transaction), the wholesaler closes Part 2 and collects C's money.
- C's payment pays back the transactional lender’s fee. The balance goes to the wholesaler's bank account as the realized profit.
- It may look like a complicated procedure, yet it's quite simple. A closing entity (e.g., an attorney or title company) is generally the middle entity acting for the wholesaler in Part 1 and Part 2 of the entire deal. They deal directly with the lender, the original seller, and the end buyer - removing the wholesaler from the heavy lifting.
Have a deal in NC ready for us to fund?
If you live anywhere in the country, we can help you. There are two simple options provided below. Choose one and get started on a road we guarantee you won't regret.