Transactional Funding simply put is where a buyer uses funds (wet funds) for a short amount of time, usually 24 hours our less, to facilitate a transaction. More and more investors are using transactional funding for short sale and REO flips because the fees are usually lower, there’s never any risk to their credit and there’s not as much red tape because they’re not qualifying for a loan.
Read More >>>There are a plethora of places to look when you want to find foreclosure properties. The key is finding them before someone else does. You can find foreclosure properties on the web, newspapers, lis pendens lists, seminars, direct mail, word of mouth, friends, real estate agents, real estate offices, and lending institutions just to name a few.
Read More >>>Frequently Asked Questions about working with a Commercial Mortgage Banker
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