Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

7
Posts
5
Votes
Doug Carroll
5
Votes |
7
Posts

How much should I charge to provide very short term funding

Doug Carroll
Posted

I have an investor friend wanting me to provide very short term funding for deals they are wholesaling. I need to get more details on how exactly this will work, but as he tells it the funds may only be needed for minutes, or hours, just long enough for them to sell/transfer to me and then sell/assign to their buyer. 

He said 1 pt is normal but I've heard 2-3 pts elsewhere. Thanks

Most Popular Reply

User Stats

44,701
Posts
65,952
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
65,952
Votes |
44,701
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

depends on the size of the deal.. most transactional lenders have a minimum fee expressed in dollars not in points.

you do a 40k deal for 400 bucks ??  lot of work for little money.

when i do these I have a minimum fee of 2k and if its a big one then might go to 5 to 10k size matters. 

business profile image
JLH Capital Partners

Loading replies...