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Updated over 12 years ago,

User Stats

47
Posts
3
Votes
Edward Beard
  • Real Estate Investor
  • Charlotte, NC
3
Votes |
47
Posts

Wholesaling REO & Using Transactional Funding

Edward Beard
  • Real Estate Investor
  • Charlotte, NC
Posted

I placed an offer (through a Realtor) on a REO today. The proof of funds letter I had was from a Transactional Funding lender. The realtor was confused on how to write up the offer because I was using Transactional Funding. Mind you, the Realtor DOES NOT know I plan to Wholesale the property.

I think she ruined my chances of getting the property because she wrote the offer up as me using Financing instead of a Cash offer. Which all this being said, how to do write up an offer when you are using Transactional Funding, Cash or Financing? I

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