1610, 2020

Straw Buyers In Real Estate

Can Straw Buyers Ever Be Legal? I was contacted by an investor who asked about using transactional funding. I explained the process and asked him to send me his signed purchase and sale contracts. He complied and when I called the closing agent to confirm that I was the “funding partner” of the investor the closing agent shouted at me that the transaction was illegal! She went on to explain that I was a “Straw Buyer” and her attorney boss would not do the closing. I tried explaining that I was not the buyer and the [...]

1610, 2020

What is an A-B-C Closing in Real Estate?

As soon as I think I have seen it all something new pops up. When I do transactional funding for wholesale same-day double closings I meet literally hundreds of closing agents and closing attorneys across the country. Every once in a while, I have some interesting feedback about their closing practices. Very often a new investor gets confused about the specifics of the closing cycle. I can help because I have done thousands. Investors are eager to listen and learn especially when they have serious profits at stake. If the closings don’t happen everyone from the [...]

1610, 2020

What Are POF’s and VOD’s

What Are POF's and VOD's in Real Estate Investing? Before seven years ago it was rare for a Seller or a listing agent to ask a Buyer for proof that he could purchase a property for cash. Because of investors telling Sellers they were cash buyers when they weren’t and failing to close, things have changed. Nowadays it is very common for Sellers and listing agents to require a Proof of Funds (POF) before they will submit an offer to a Seller. In its simplest form a POF is a copy of the Buyer’s bank statement showing enough [...]

1610, 2020

Same Day Real Estate Funding or Transactional Funding

Real Estate Funding If you’re wondering, “what is transactional funding?” you are not alone. It’s a practice that has been around for some time, but it’s not well known outside of real estate and investment circles. The staff at Best Transactional Funding has more than 44 years of experience in the field, and we’ve decided to create a handy introduction to what it’s all about. The first thing to know is that transactional funding is a process that allows investors to make real estate deals quickly by relying on money provided by a funding partner. If you are working with [...]

1610, 2020

Best Transactional Funding

What is the best transactional funding for you? As a real estate investor, you have several ways to finance your purchases.  Which is the best transaction funding is depending on your exit strategy of the property.  There are only three options which are: you will be buying to wholesale, buying to hold and rehab or buying and holding for income. The best transactional funding for all these possibilities is to find a “true” Private Lender who will finance your purchases.  Private Lenders are individuals who loan personal funds to investors to make more money than they can make [...]

1610, 2020

Transactional Funding

Transactional Funding and When to Use It Transactional funding in real estate is a very common and much accepted practice for wholesalers doing double closings.  Many times, a wholesale will put a property under contract and find a buyer for it and make a profit.  The issue is how large a profit is involved? It’s not hard to find motivated sellers who will sell their properties below market value because of some pressing circumstance.  This motivational problem is often related to a pending involuntary sale such as tax deed or foreclosure.  These pending problems will have specific sale [...]

1610, 2020

What Real Estate Funding Do I Need?

Real estate funding does not have to be confusing What are the Types of Real Estate Funding? Funding real estate transactions depends on the goal of the buyer of the property. The real estate funding can be either Permanent (conventional) or Short-term (gap) funding. The common forms of permanent funding are home and commercial loans. Short-term funding is usually associated with investors who rehab a property or wholesale it using a same-day double closing. Typical funding for the purchase of a property is for the buyer to borrow funds from a private money lender, conventional lender (bank, credit [...]

1610, 2020

Welcome To Our Blog

Best Transactional Funding Blog Transactional funding is a dynamic and exciting tool for real estate investors. It’s a proven way for investors to buy and sell properties with little or no money all the while also making tidy profits.  It’s also a specialized niche with many details to learn, procedures to understand, and steps that can be explored to maximize your profits and enjoyment of real estate investing and wholesaling. That’s why we have created this blog. We will be sharing tips, advice, and guidance that we have gained from more than 44 years of experience in the field. We’ve [...]

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