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Updated almost 3 years ago on . Most recent reply

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6
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Myra Cortez
  • Riverside, CA
1
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Transactional Funding Needed

Myra Cortez
  • Riverside, CA
Posted

Are there any Companies you guys recommend that can do transactional funding (extended to 30 days)  ?  Property is located in Northern California. Thank you! 

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Jesse LeBlanc
  • Investor
  • Atlanta, GA
375
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627
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Jesse LeBlanc
  • Investor
  • Atlanta, GA
Replied
Quote from @Myra Cortez:

Are there any Companies you guys recommend that can do transactional funding (extended to 30 days)  ?  Property is located in Northern California. Thank you! 

I’m actually doing 2 Transactional Lending deals in CA this week.  However, what you’re looking for is going to be a normal short term loan but not transactional since you’re not double closing.  I have a private lender that does “wholetail loans” and allows up to 3 months. The purpose is meant to buy then relist. But he won’t lend in CA. If I can think of anyone else ill send them your way.

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