Updated almost 16 years ago on . Most recent reply
Transacitonal funding, seasoning
I have been told that Aegis funding in conjuction with Fixaflip funding offer a program that provides 100% transactional funding on A to B, B to C deals up to 90 days on a voint venture basis and nonrecourse loan. As I understand it they can get as much as 15 - 20% as the fee for 90 days less on shorter time frames.
this would solve several seasoning issues. does anyone have any information on this? And am I correct didnt Aegis funding go Bankrupt a few years ago? I have passed up several opportunities in NY due to seasoning issues and think this may be too good to be true.