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Johnathan Boyle
Pro Member
  • Real Estate Agent
  • Belleville, NJ
93
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408
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Best transactional funding?

Johnathan Boyle
Pro Member
  • Real Estate Agent
  • Belleville, NJ
Posted Feb 3 2016, 04:48
Hi everyone, I am writing this because of the wealth of information here on BP. I am a new Realtor out of Northern NJ. I plan to work heavily with investors in the area. Background: I have a few investors I'm working with and they want me to submit offers for them. Now I have for a few but I've noticed that many of them use Plan D Investments as their Proof of Funds. I looked up the company and it is very vague. However, I did find it linked to Best Transactional Funding (a website). Again, I can't find much on the site except what it says. Apparently they give transactional funding and work from a to b and then b to c aka helping in case they need to wholesale. Long story short, is this company legitimate in its practices? I see a lot of investors using them and I don't want to get in any trouble due to my lack of knowledge. Also, I was told by an REO agent when submitting an offer that this company was illegitimate, but I've had other offers pending still (none accepted yet).

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