Frequently Asked Questions

We charge 40% return for EMD funding 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 $500 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 fee will come out of the return at closing, so if you are confident in your deal closing this will have no effect on you!

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 wholesaler (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.

A stack method deal otherwise known as a seller carry-back occurs when the buyer gets a new loan to purchase the property, and then comes to an agreement with the seller for them to finance the down-payment behind the loan.

If your deal matches this structure, we will fund the down-payment for the first transaction until it is replaced with the money the seller is willing to finance to you after the purchase as agreed.

We can fund EMD for end buyers with 3 HUDs to show prior experience. We also require you and the seller to 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 do not charge you the 40% fee. Your only cost would be the up front fee since our transaction coordinators have already worked on the deal for you.

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