what is transactional funding
Asked: 2018-05-30 05:20:31
I’ve become interested in real estate investment and doing some research into it. Someone mentioned transactional funding and I’m wondering what that is?
Answered: 2018-05-30 12:26:22
Transactional funding is a form of short term lending, specifically for property deals. It happens when a wholesaler already has a buyer that can take the property in a short amount of time.
Answered: 2018-05-31 00:57:07
What transactional funding is, is a form of hard money lending. It’s basically when you buy a property without any of your own money. An investor provides you with the money for the transaction and you ensure there’s a buyer in place to take the property off your hands quickly.
Answered: 2018-06-01 00:49:09
If you’ve arranged an end buyer to take a property off your hands in a short amount of time, you can avail of transactional funding, which basically means you won’t have to use any of your own money for the investment.
Answered: 2018-05-31 13:51:23