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Updated over 9 years ago,
Transactional Funding Or Hard Money
Hi BP,
I won an property through auction.com, and is expected to close on it may 13th, however for this property i have a buyer who has already contracted to buy the property the following week. I may consider using financing for this property but im not sure which method of financing would be appropriate, their is 17k margin in between maybe 14-15k after closing and a commission to the buyers agent.
How would you fund this deal if you were in my position ?