what is transactional funding
Sunny Middleton
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?
15
Blanka Head
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.
13
Robert Burks
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.
10
Wilf Peters
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.
1
Federico Finnegan
Answered: 2018-05-31 13:51:23
It’s a hard money loan for a short length of time, that means you don’t have to invest any of your own money, but you do need to be able to sell the property on quickly.
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William Thomas
Answered: 2024-07-08 12:42:16
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William Thomas
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William Thomas
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William Thomas
Answered: 2024-07-08 12:44:29
