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Updated about 7 years ago on . Most recent reply

User Stats

2
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1
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Drew Lofgren
  • Specialist
  • South Bend, IN
1
Votes |
2
Posts

Transactional funding referrals

Drew Lofgren
  • Specialist
  • South Bend, IN
Posted
I have a deal which will net somewhere in the range of $10k. It's a wholesale deal but after getting to know the seller a bit I believe a double close would be my best bet. I'd rather him not see the spread. I've never done a double close. Simply assignments. Would anyone care to share a referral for someone willing to provide transactional funding? I'm aware it's common for short sales/REO deals. I would imagine if they could make similar spread on a wholesale deal, they would consider. Also, for those that have exp with this, what type of qualifications will I need to have? Other than burr and seller side purchase agreements and a/assignments

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