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Andrew Raissis
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Transactional lending to wholesalers?

Andrew Raissis
Posted

Hey- I'm wondering if wholesales have a need for transactional lending (for example to cover EMD/earnest money deposit). Are there times when capital is tied up in deals but another deal falls through because you have no cash left? Is transactional lending something that wholesalers need? Any WSs out there feel they could use this?

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Eliott Elias
  • Investor
  • Austin, TX
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Eliott Elias
  • Investor
  • Austin, TX
Replied

This is starting to become popular with gator lending. I don’t know too much about it, but I see many flaws in it. 

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