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Updated over 6 years ago on . Most recent reply

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Kyle Howard
  • Rental Property Investor
  • Cockeysville, MD
9
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48
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Has anyone used Transactional funding for listed properties?

Kyle Howard
  • Rental Property Investor
  • Cockeysville, MD
Posted
I have an amazing property that’s a FSBO and I have a buyer who wants it, the only issue is the property owner has had it listed for over 160 days now and I was wondering if I could use Transactional funding to do a back to back closing. Since I have a buyer ready to buy and a seller who wants to sell with motivation, they’re just not answering the phone right now and time is ticking, but the property is still listed. Any suggestions BP-Fam

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Tom S.
  • Real Estate Investor
  • Burlington, VT
1,419
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Tom S.
  • Real Estate Investor
  • Burlington, VT
Replied

@Kyle Howard  I don't see any reason you couldn't use TF, provided the buyer has the cash and deposits it first with the title company.  

For clarification, it's FSBO and when you say "listed" - do you mean on a FSBO website (not MLS)? And who's not answering the phone - the seller? You can also go and knock on their door and say you have an offer.

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