Frequently Asked Questions
As a real estate wholesaler, you want to ensure you're getting the most out of your deals. Unfortunately, many wholesalers aren't up-to-date with how transactional funding works. You may feel confused, but getting the answers to your questions shouldn't be a struggle.
At Wholesalers Transactional Funding, we understand the importance of clarity when it comes to funding your deals. We've compiled this list of FAQs to help you get the information you need and make informed decisions. Our team is highly experienced and knowledgeable, so feel free to reach out for additional support!
1% ORIGINATION FEE (*1.5% in CA)
"If you get the deal to closing, we'll bring the funds"
What You Need To Know About Our Transactional Funding Services
What Do You Need To Be Eligible For Transactional Funding?
To be eligible for our transactional funding, you'll need two essential components: a motivated seller ready to make a deal and an eager end-buyer prepared to close the deal swiftly.
Is A Proof Of Funds (POF) Letter Provided By The Transactional Lender?
Absolutely! We understand the importance of showcasing your financial readiness to sellers. That's why we provide a Proof of Funds (POF) letter. This letter is your key to demonstrating your capability to purchase the property, significantly increasing the likelihood of a successful deal.
Are There Any Upfront Fees?
At Wholesalers Transactional Funding, we believe in transparency and simplicity. Therefore, we only charge a minimal 1% assignment fee plus a $30 wire fee (California at 1.5%). While borrowers might encounter added costs elsewhere, we pride ourselves on having no upfront or additional fees.
How To Qualify For Transactional Funding
Qualifying for transactional funding is straightforward with us. We require:
- 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)
Furthermore, we'll need the contact information for the closing company. It's that simple.
Where Does Wholesalers Transactional Funding Lend?
Our services extend nationwide in the U.S. Wherever your deals take you, our funding can follow.
Do I Need To Have A Minimum Credit Score?
No credit score minimum or check is required! Break free from the constraints of credit checks and monthly payments. By partnering with Wholesalers Transactional Funding, you empower yourself to focus on deal-making without unnecessary barriers.
Do I Need An Entity To Do Transactional Funding?
No entities are required. Whether you're an individual or a business, we're here to provide transactional funding tailored to your needs.
Contact Wholesalers Transactional Funding & Close Your Deals Today!
Say goodbye to high fees and extended waiting periods. Wholesalers Transactional Funding is your partner in unlocking streamlined, hassle-free funding for your real estate transactions. Experience the ease of quick funding, transparent terms, and a dedicated team ready to support your success in three simple steps:
- Contact us.
- Let's discuss your needs.
- Get your same-day loan without complications!
Get To Know Who You'll Be Working With
Our team at Wholesalers Transactional Funding is led by Jesse LeBlanc and his assistant Michelle Malavasi.
Get to know more about them:
Jesse, an Atlanta-based Real Estate Investor, has a diverse background in law enforcement and corporate roles. Since 2014, he's been involved in flipping properties, long-term rentals, short-term rentals, managing a wholesale team, creative closings, seller finance deals, private lending, and providing Transactional Lending while mentoring others.
With his biggest goal accomplished, retiring his wife in 2021, Jesse now focuses on generating passive income for their monthly travels. At the same time, he's growing his rental portfolio and offering lending services and referrals to wholesalers exploring various strategies.
Michelle, with her international background and passion for Pekingese dogs, adds vibrancy to the team. A lover of reading, football, and dancing, she works closely with Jesse, enjoying their dynamic teamwork.
Michelle's enthusiasm for life drives her commitment to contribute to clients' success in the wholesaling industry and loves keeping strong relationships with her clients.
NO UPFRONT FEES ♦ NO ADDITIONAL FEES ♦ NO MONTHLY PAYMENTS
NO APPRAISAL ♦ NO CREDIT CHECK
Who & How We Can Help
At Wholesalers Transactional Funding, we work with real estate wholesalers to provide them with the transactional funding they need for their double-close deals. We help you secure quick and efficient funding without the headache or hassle usually associated with this process.
These are just a few of the benefits you can expect when working with us:
- Fund your deal as quickly as same day
- Help you overcome sticky situations with buyers/sellers
- Ongoing assistance
- Quick/Seamless processes
- POF Letters
- Referrals to other lenders and closing teams
Wholesalers Transactional Funding Provides Outstanding Solutions For Your Business
Avoid facing issues during your double close. Instead, have a smooth transaction with Wholesalers Transactional Funding. We're dedicated to helping real estate wholesalers uncover off-market properties and close direct deals with sellers.
Our tailored transactional funding solutions support your unique needs while ensuring a smooth and prosperous journey. This is how you can work with our team:
- Contact us
- Let's have a meeting to discuss your needs
- Get the funding needed to close your deal!