BestTransactionFunding.com for Wholesaling

[Andrew Hofing]

Has anyone used "BestTransactionFunding.com"? If so what was your experience? Would you continue to use them or have you repeated business with them? Also, a R.E. attorney @ one our REI networking groups talked about the legalities of wholesaling in Pa and he said that negotiating the sale and simply assigning the contract via back to back closing for a fee is acting as a R.E. licensee, thus illegal for non-licensed investor. What if I close using transactional funding? I would say that I have est. a monetary interest and thus a legal transaction, no? He said to get around this use a "Release Fee", anyone heard of this? The Attorney also said that when you do a back to back closing as middle man you are paying double transfer fees. So, do you have to do a simultaneous closing? That's all for now. Sorry, for going off in so many directions.