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Transactional Funding
For Back-to-Back Closings
Funding
The "A” to “B” Transaction. This Is An Independent, Stand Alone
Transaction That Must Close With The Same Title Company As The “B”
to “C” Transaction.
Funding for the “A” to “B” transaction at
a fixed rate of return (3%). By using the Back-to-Back closing
method it allows investors to buy and sell properties at the same
time safely and legally. As you know, most title companies are no
longer allowing you to use the end buyer’s money to close both
transactions.
Most Deals 2.5 points, No LTV, No
Appraisals, 100% Funded, No Credit Checks, No Income Verification
No Up Front Fees, Closing Costs Funded, Same Day Set Up and
Funding.
Frequently Asked Questions
Q. Can deals
be funded in all 50 states? A. YES!
Q. Is funding provided
for the end buyer? “B” to “C” Transaction? A. No! We only fund
the “A” to “B” transaction.
Q. Can funds be provided for
rehabbing? A. NO! These transactions are for Back-to-Back
closings.
Q. Do I have to pay anything if my deal doesn’t
close? A. NO! Only if the deal closes!
Q. Can I use my own
Title Company? A. YES!
Q. Can a title company be
recommended if I don’t have one? A. YES! There are a number of
local and nationwide title companies to offer.
Q. Can I use
two different Title Companies for closing each deal? A. NO! Both
closings must be at same title company!
Q. Will a Proof Of
Funds letter be provided for all my deals? A. YES!
Q. Can
I use a Land Trusts in a Back-to-Back Closing? A. YES! However,
very few title companies allow the use of land trust in a short sale
flip.
Q. Will my deals be funded if I have bad credit? A.
YES! Funding is based on having an end buyer in place!
Q.
Can I use my company name to purchase the property? LLC, Inc, etc.
A. YES! We recommend that you do.
Q. Can I get funding for
REO properties? A. YES! any real estate transaction in a
Back-to-Back Closing is funded!
Q. Do the closing costs get
covered as well? A. YES! 100% of the amount required to close the
“A” to “B” transaction is provided.
Q. Will funds be provided
for earnest money or option money? A. NO! This is required by “B”
the investor.
Q. Is Equity Share LLC providing the funds?
A. No, as local investors just like you, we have needed funds to do
double closings ourselves. We finally located a good and reputable
company who provides the same day cash for what we needed. We use
them and we now recommend them to others.
What To Do Next:
If you have a deal you need double closing funds for you
probably need to act right away. Email Us Here, tell us if you
have a closing date set and we'll get right back to you.
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