At Wholesalers Transactional Funding, we know you want to be a trustworthy wholesaler and close deals fast. You must offer a smooth, reliable process to achieve a good reputation. The problem is that some counties or states have specific regulations or requirements that can slow down your transactions. We understand that can make you feel helpless.
We believe you shouldn't have to wait long to close a deal or stress about not having the capital in your bank. For that reason, we offer an uncomplicated transactional funding process. We aim to help you complete your deals quickly so you can move on. Our transactional funding for wholesalers will help you do that. Contact us today to learn more!
Wholesalers Transactional Funding Understands Your Situation
Has a buyer ever walked out of a deal after seeing your assignment fee? Sometimes, a buyer can decline the offer if you aren't on the deed. Those situations aren't as uncommon as you would hope. That's why we ensure your transactional funding for wholesalers goes as smoothly as possible while keeping the seller and buyer apart in a double closing.
Jesse LeBlanc, our founder, operated a wholesaling company himself for years! Therefore, he's ensured we know the industry's ins and outs. Wholesalers Transactional Funding understands how frustrating it can be to hope for a successful transaction but not get it. If you're going for a double close, don't let the process drag you down. We'll provide the necessary funds to cover your ideal deal.
Get To Know Our Process
Transactional funding will help you close deals faster and easier. Here's how you can get our help:
- Identify A Property: The real estate industry is fast-paced and ever-changing. We know you must be on top of your game to identify the right properties for a potential sale. So, before requesting funds, identify the property you want to transact.
- Request A Proof Of Funds: Once you have identified a potential property, send us a proof of funds (POF) request. This will confirm that we can provide the funds to buy the property, especially if it’s a larger deal and we need to move funds around to accommodate a multi-million dollar double closing
- Find The End Buyer: Many wholesalers have excellent negotiation skills and an understanding of the real estate market. Use your resources to find the end buyer for your property and secure the deal.
- Double Closing: When you have a buyer on board and ready to close, we'll send the funds to the closing company. We'll ensure the money arrives as soon as both closings happen and end buyers funds are in escrow so your transaction can occur without delay.
Close Your Deals Fast & Easy With Our Help
If you're interested in getting transactional funding for wholesalers, contact Wholesalers Transactional Funding today. With our help, you can close your deals quickly. We offer an uncomplicated process that'll help you keep up with the competitive nature of the real estate industry.
We believe nothing should stand in the way of a successful transaction. So, don't hesitate to reach out and get the funds you need. Reach out to us ASAP!
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.