This is a very special program only for Wholesalers. Please read the details of this program then apply online below for funding.
Transactional Funding:
This program is designed for Wholesalers. This funding program is a short-term loan provided to the Wholesaler who purchase a property and quickly re-sell the same property on the same day. The Seller that owns the property is known as Party A, the Wholesaler is Party B and the End Buyer for the property is Party C.
Transactional Funding is also called Simultaneous Closing and Wholesalers must have an End Buyer to complete transaction.
PHONEOPS TRANSACTIONAL FUNDING IS AVAILABLE IN ALL 50 STATES!
Guidelines:
Loan Amounts:
$5k to $50M+
Min FICO:
None
Points:
2
Interest Rate:
None
Upfront Fee:
None
LTV 100%
plus Closing Cost
Must have an
End Buyer
Same Title Company must
perform both closings
Funding:
1 Day
Minimum Requirements:
* Purchase Contract between A-Seller & B-Wholesaler (You)
* Purchase Contract between you (B-Wholesaler)and C-End Buyer
* A valid Driver’s License or State ID
* Title Company that will perform both A & B Transaction and B & C Transaction