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All Forum Posts by: Andrew Raissis

Andrew Raissis has started 1 posts and replied 3 times.

Post: Transactional lending to wholesalers?

Andrew RaissisPosted
  • Posts 3
  • Votes 2

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?

@Patrick Bavaro Congrats on your next rental. I’m interested in working with R2R, and the Cape Coral market is interesting. Can you clarify your experience with mortgage payments after closing but during construction when you are not receiving rent payments? Do you buy the land and pay the builders upon completion? In other words, what are the holding costs during construction on a new build? Thanks!

I’m a newbie in WeHa, just watching your podcast episode now!