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Updated over 6 years ago,
Question for DFW Wholesalers
Been searching through posts to get a clear picture on the wholesale funding process. I am reading that some wholesalers use transactional funding to do a double closing and some buyers use the C Buyers funds. It appears there would be added costs by using transactional funding vs using C Buyer funds. Assuming that assigning is not a desired option, what are the determining factors in choosing to use transactional funding vs using C Buyers funds? On the surface it would appear that using C Buyer funds is always cheaper and achieves the same result but transactional funding exist for a reason. Is it Title Company driven, TREC driven, privacy driven, or personal preference driven? Please educated me. Thanks!