Has anyone here actually used a Transactional Funder successfully?

[Ronald H.]

I did a search the other day here for Transactional Funders and I did not find "ONE" posting where someone used a "Transactional Funder." With fees at 1% to 2%, and a $395.00, one time processing fee, I thought that they represented a promising avenue for financing a deal, so my question is this.

Why are Investors not using these companies? I have checked other websites, and found that Coastal Funding was used successfully.

Just some are

Besttransactionfunding

CoastalFunding

and there are more, but that is a moot point, so I will not go any farther.

[Eric M.]

Not really sure where or how you are searching but there are hundreds of posts about transactional funding. There are several lenders on here who post regularly like myself as well as many investors who have used us and mentioned using other firms.

Many many threads.

Transactional funding is simply a way to finance a back to back closing in a way that both satisfies title company requirements and allows an investor to flip a property quickly with no money of his own in the deal. Both the bou and sale of the property have to take place on the same day.

Again, there is much information here on this technique. Google is your friend.

Costs vary from lender to lender.