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Updated about 14 years ago,

User Stats

2
Posts
0
Votes
Jacek Nowakowski
  • Private Money Lender
  • San Diego, CA
0
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2
Posts

Transactional funding underwriting

Jacek Nowakowski
  • Private Money Lender
  • San Diego, CA
Posted

Hello,

I'm a private lender and I've been approached recently about providing transactional funding for a wholesale deal. I've never done one of these transactions before but have researched them online. I was wondering if I needed any documents (i.e. a contract) between the "B" party and myself or is it all done between the escrow company and myself? What are the crucial escrow instructions to look for? Any tips on how to conduct this type of transaction safely would be greatly appreciated.

Jacek

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