When to Use Transactional Funding???

[Kendra Williams]

Hi guys, I'm seeing some really good deals in foreclosures and small multi unit apartments however my cash is low---I'm wondering...Is there a way to utilize transactional funding if I don't have an end buyer already in place?? I'm still building a buyer's list by mostly driving around and writing down names and numbers of people who are already renting out homes to see if they're looking for more property. I haven't located any seller financings where they are willing to carry back most of the deal. Any and all suggestions are welcome. Thanks

[Will Barnard]

Hence - transactional funding.
What you are needing is a hard money loan which is much different than TF.