When do I line up Transactional Funding?

[Logan Clark]

I am getting ready to make an offer on a property that I’m planning to Wholesale to a cash buyer. It will be a double close so I’m wondering at what point do I call a lender to set up transactional funding? Do I do it right after I make the offer? Or should I wait for the seller to sign the purchase and sales agreement first? 

[Jesse LeBlanc]

@Logan Clark If you can assign your deal, you'll save money.  But I realize there are some attorneys and some states where you MUST use your own funds or use a Transactional Lender.

The sooner the better is best to find the right lender for you and your deals of course.  I also HIGHLY suggest that you have an idea of what your buyers will pay or a specific buyer in mind before you lock up a deal so you don't have the stress of trying to find a buyer later and risk pissing off your sell by not performing.

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