Transactional funding + B-C...

[Herm M.]

How do you make sure everything goes smoothly in this part of a flip? Since these bridge lenders usually only lend for 48 hours, how do we line things up?

Let's say that today I have a contract/approval from the short sale lender and have 30 days to close. So on the 30th day, that's when I'm going to have the transactional lender send the hard money. So on the 31st day, I need C buyer's side to bring their money to the table.

What's the best way to do this? Here's my big question:

- The title report is going to show A as the homeowner, until B records on title on the 30th day (or 31st).

- The C buyer has shown their lender a B-C purchase contract, showing that they're buying from B.

- Obviously, C's lender will not fund until B is on title.

Do we need to inform C's lender that we want "B buyer's name on title to be the LAST condition for this transaction. Clear all the other conditions during the first 30 days (appraisal, etc.), and we want you to be ready to fund as soon as B goes on title on day 30/31."