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User Stats

89
Posts
34
Votes
Season Price
  • Flipper/Rehabber
  • Maryland
34
Votes |
89
Posts

How to find transactional funding

Season Price
  • Flipper/Rehabber
  • Maryland
Posted May 23 2024, 11:29

Hi. I am trying to find transactional funding for double closing in Maryland. I went to the lender forum here, but I was matched with lenders who don't offer what I need. What is the best way to find lenders with solid reviews since I am not allowed to ask here directly? Thank you.

User Stats

8
Posts
1
Votes
Timothy M Kolb
  • Investor
  • Johnson City TN
1
Votes |
8
Posts
Timothy M Kolb
  • Investor
  • Johnson City TN
Replied May 23 2024, 12:05

This is something I can provide, depending on a few circumstances, shoot me a message, thanks!

User Stats

7,875
Posts
6,273
Votes
Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
6,273
Votes |
7,875
Posts
Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
Replied May 23 2024, 13:39

@Season Price Usually, when we are searching for lenders, title companies, plumbers, etc. it's best to ask other investors in your market who they use. And I know, you were posting here to find out what other investors are doing...but you you can see that only (out of state) lenders are responding. And how do we know if they are any good? How do you know if I am? Hard to say until you go through the process...but other real estate investors in your market HAVE worked with other lenders. And while nothing is foolproof, that's usually the best way to start.

So, try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Bigger Pockets even has a little link at the top of this page "Find a lender" - try that. Even facebook might have some good local groups for you. Some of those facebook groups have thousands of members. Eventbrite too. And remember, this goes for ANY vendor that you need. Post locally for this. That’s the best bet.

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User Stats

1,296
Posts
286
Votes
Jacob Sherman
Pro Member
  • 12 Penns Trail Suite 138 Newtown, PA 18940
286
Votes |
1,296
Posts
Jacob Sherman
Pro Member
  • 12 Penns Trail Suite 138 Newtown, PA 18940
Replied May 23 2024, 18:03

facebook forums are the best for transactional funding

User Stats

586
Posts
355
Votes
Jesse LeBlanc
  • Investor
  • Atlanta, GA
355
Votes |
586
Posts
Jesse LeBlanc
  • Investor
  • Atlanta, GA
Replied May 24 2024, 05:50

@Season Price I'd love for you to look into working with us for your double closing using our Transactional Funding.  Please check out my website, our reviews etc. We're approaching 100 all 5 star reviews soon. :)  At the very moment (likely through next week) i'm on a temporary lending freeze, likely just through the end of May, then back to business after that. :)

User Stats

5
Posts
0
Votes
Replied May 24 2024, 06:41

Hello, I am late to the party here, however I might be able to help with your double close if it meets our terms.  

User Stats

89
Posts
34
Votes
Season Price
  • Flipper/Rehabber
  • Maryland
34
Votes |
89
Posts
Season Price
  • Flipper/Rehabber
  • Maryland
Replied May 27 2024, 16:36

@Jesse LeBlanc thank you! I'll be reaching out soon!