FAQs

We charge 10% up-front return for EMD (up to 30 days) and 1.5% for double close funding up to $1M to start. These numbers can change depending on duration of the deal and risks involved. Seller carry-back funding starts at 2.5% for the added work.

For EMD, we charge the entire fee up front to pay our team for underwriting and processing the deal. Sadly we must do this so we don't end up losing money by funding your cancelled deal. This is significantly lower than what most people charge when a deal closes, so if you're confident in your deal you'll save lots of capital.

A double closing is a real estate transaction method where two back-to-back property sales occur on the same day, involving three parties: the original seller, the investor (middleman), and the end buyer.

Here's how it works:

First Transaction: The investor agrees to purchase the property from the original seller.

Second Transaction: The investor simultaneously sells the property to the end buyer at a higher price.

During a double closing, the investor typically uses the funds from the end buyer to complete the purchase from the original seller. This allows the investor to profit from the difference in sale prices without needing to use their own funds for an extended period.Double closings are often used in real estate wholesaling and transactional funding, allowing investors to efficiently facilitate deals and earn profits by connecting motivated sellers with interested buyers.

We can fund EMD for end buyers if you and the seller sign an addendum making the inspection period go through the close of escrow. All details will be sent when your deal is submitted.

We will fund up to $100k on EMD and $100M for double closings. As long as your deal qualifies under our standards, we will be your one stop shop for all transactional funding both now and in the future!

We typically require 48 hours of notice to fund a deal, however we have funded in as quickly as 5 minutes (seriously). If you have a deal, your best bet is to submit it as soon as possible so we can review it and get the process started.

If an EMD deal does not close, we just have the EMD sent back. Your only cost would be the up front fee and nothing else.

For double closing and seller carry-backs there would be no charge since we don't fund until closing.