Our Money. On Your Time.
WE FUND...
SO YOU CAN SCALE.
The Process:
Borrowing for a Double Close
✓ Submit your request with all information
✓ Wait for request to be approved by our team
✓ Have title reach out when the A-B HUD is ready
✓ We will send a payoff to title for the B-C HUD
✓ Both you and our team approve the final HUD
✓ We fund as soon as the B-C funds are sent in!
Borrowing for EMD
✓ Submit your request with all information
✓ Wait for request to be approved by our team
✓ Fill out contracts and email title
✓ Get your deal funded!
✓ Communicate with us up until closing
What's The Cost?
Double Closings
We charge a flat 1.5% fee on all double closings with at least 2 days notice. If you need the money quicker than that, email [email protected] to confirm. Our minimum return is $1,000 on smaller deals.
EMDs
We charge a flat 40% return on all EMD deals. That means IF the deal closes, we would receive the initial amount plus 40%. We also charge a non-refundable, 5% upfront deposit (or $250 minimum) to pay our transaction coordinator. This pays them for their time in case the deal doesn't close. The 5% upfront deposit (or $250 minimum) is credited toward the fees if the deal goes through.
Frequently Asked Questions
New to wholesaling? Why you might want to consider a double close...
Navigate Wholesale Regulations: Safeguard your transactions against evolving legal challenges and ensure compliance.
Overcome Non-Assignable Contracts: Bypass restrictions with a strategy that keeps your deals moving forward.
Align with End Buyer Preferences: Meet the specific needs and expectations of your buyers to close deals more effectively.
Protect Large Assignment Fees: Secure your hard-earned profits by minimizing exposure and risk on high-value deals.
How fast can you fund my deal?
We typically require 48 hours of notice to fund a deal but there are special occasions. If you have a deal and need funds under 48 hours, submit it as soon as possible so we can review it and get the process started.
How long can you fund my EMD for?
We fund EMDs for a maximum of 60 days.
How much money are you able to fund at once?
There's no limit on the funds we have available for both EMDs and double closings. As long as your deal qualifies, we can get your deals funded every single time both now and in the future!
Do you fund EMDs for end buyers?
We can fund EMD for end buyers, but it's rare. At the end of the day, our funds have to be protected no matter what. Typically that is done through an inspection period. If you have no inspection period on your deal or the EMD is non-refundable we WILL NOT fund your deal. If however you have an inspection period, we can fund your deal temporarily as long as our funds are replaced prior to the inspection period ending.
Do you have any other fees?
*FOR EMD ONLY*
We require an up front 5% (minimum of $250) non-refundable deposit before we wire any funds to the title company/attorney. This fee pays our transactional coordinators for their time in case the deal doesn't close. If the deal closes, the 5% (or $250) will be credited towards our fee. If the deal falls through, we will keep the deposit.
What happens if my EMD deal doesn't close?
If your deal doesn't end up closing, we won't charge you the 40% fee. Your only cost would be the up front 5% (minimum $250) fee since our transaction coordinators have already worked on the deal for you.
Where do you fund?
We fund in all 50 states!