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Updated over 1 year ago on . Most recent reply

Andrew Raissis's profile image
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Andrew Raissis
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Andrew Raissis's profile image
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Andrew Raissis
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Andrew Raissis
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Wholesaling

Transactional lending to wholesalers?

Andrew Raissis
Posted

Hey- I'm wondering if wholesales have a need for transactional lending (for example to cover EMD/earnest money deposit). Are there times when capital is tied up in deals but another deal falls through because you have no cash left? Is transactional lending something that wholesalers need? Any WSs out there feel they could use this?

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Eliott Elias
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  • from Austin, TX
  • Member since Jan 5, 2021
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Eliott Elias's profile image
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Eliott Elias
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  • Member since Jan 5, 2021
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Eliott Elias
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  • Austin, TX
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Eliott Elias
  • Investor
  • Austin, TX
Replied

This is starting to become popular with gator lending. I don’t know too much about it, but I see many flaws in it. 

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