Our Resources = Your Success
Secure the Deal.
Consider earnest money the golden handshake in the world of property deals. We lend up to $100,000 in earnest money, allowing you to have the financial flexibility to seize every opportunity.
Maximize Profits.
Whether you have a non-assignable contract or wish to maximize your wholesale markup without scrutiny from your end buyer, double closing keeps your contract details private.
Our Process
Funding Options
We believe in simple and transparent pricing.
FAQs
Here are some common questions that we have the answers to.
Earnest Money Deposit
• 50% fee with a 5% upfront deposit ($250 minimum).
• Maximum loan amount up to $100,000.
• The deposit is required before EMD is funded and will be credited towards the fee when the transaction closes.
• Minimum fee is $1,500.
For example : A $5,000 EMD will cost a $2,500 fee + $250 non refundable upfront deposit.
When the deal closes the fees due will be $2,500 - $250 (deposit) = $2,250.
The total payback would be $5,000 + $2,250 = $7,250.
Double Closing
• 2% fee.
• Maximum loan amount up to $1,000,000.
• Same day closings only.
• If money is held in escrow for additional days, then a .2% per day fee will be applied.
• If there are two separate title companies involved in the double close we charge a 2% additional fee.
For example: A $500,000 loan will cost $10,000. No upfront deposits.
We fund within 24 hours, once all agreements have been signed and deposits have been received (if applicable).
No, we don't check your credit. We don't need your bank statements or tax returns. There are no personal financial requirements for transactional funding.
No.
Yes!
However, if you are doing a deal in any of the following states, you will need to have the seller sign a Mutual Release Addendum prior to funding:
Texas, Georgia, Oklahoma, Tennessee, Oregon, Indiana, Wyoming, Missouri, Colorado, Florida, California Ohio, North Carolina, Massachusetts, and Alabama.
It is an addendum that states that all parties are in agreeance that our Earnest Money is refundable during the inspection period, in the event that we cancel.
No.