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Updated almost 6 years ago,
Provide Transactional Funding
A-Seller, B-Wholesaler, C-End buyer
When you provide transactional funding to B as a lender, what are the things that you need to watch out for?
C provides non refundable deposit. Is there a % to the fund?
Although the fund stays in escrow, what are the other risks except that time frame can be extended from one day to 45 days?
what rule/regulations do we follow when charging the interest rate as a transactional funding lender?