In the fast-paced world of real estate, speed is everything. Whether you're a seasoned investor or just starting, securing the right financing can make or break a deal. Traditional loans can be slow and cumbersome, often delaying closings and costing you valuable opportunities. This is where transactional funding comes in. What is Transactional Funding? Transactional funding is a short-term financing solution designed specifically for double closings, a common scenario in real estate investing. Here's how it works: - You identify a property with potential and negotiate a purchase agreement with the Simple Funding LLC.
- Instead of relying on traditional financing, you secure a transactional loan to cover the purchase cost.
- Simultaneously, you find a buyer for the property at a higher price.
- The transactional loan funds the purchase in Leg A, and the sale in Leg B pays off the loan, typically within a few days.
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Ad Detail: What is Transactional Funding: Your Key to Speedy Real Estate Deals
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