Designed for real estate investors who need "wet funding" for a Back to Back closing, without using any of their own cash.
Transactional funding is a “One Day Loan” to bridge the transaction.
Transactional Funding is a relatively new concept. Historically real estate investors would work with the closing agents to conduct “Simultaneous” Closings, where the End-Buyers (B Side) funds would be used for the Investors (A Side) purchase of the property.
With the increased scrutiny and recent regulatory actions, these types of transactions have become difficult, if not impossible. Even the most “Investor Friendly” closing companies have had to change their practices to comply with these pressures.
Transactional Funding provides an easy alternative to the transaction, by breaking the A Side purchase and B Side sale in to two completely separate transactions, each independently funded. This type of closing is typically referred to as Back-to-Back Closing, reducing the liabilities for all.