Jawsette, thanks for the input....however, I have done my research on transactional funding. The program I'm talking about is not just about the transactional funding. They offer an automated system to collect leads on deals as well as to increase your buyers list. They charge $1,000 they call it a "deposit" and they refund it to you when you use them to fund your first deal. They charge 3%.
David, I emailed the company yesterday and asked if there was a minimum fee like other companies have, you know, anything less than $90,000 for example has a minimum fee of $2,500 or so forth.
They do not. It's 3% of WHATEVER amount you borrow....which works great for me. The market I'm in, and the deals I work with are usually less than $60,000. I'm working on a $10,000 one right now, so I would only end up paying $300 to use their transactional funding, and that would be taken from my deposit, so I would still have a $700 credit for my other deals.
I'm ALMOST convinced.....have you found anything else out?