
How much do you charge?
- EMD funding we charge the greater of $1500 or 5% upfront, and 20% at closing.
- Double Closes start at 1.5%.
- Stack Method funding starts at 2.5% + Compliance Team Fee + Closing Costs
What qualifies as transactional funding?
A double closing is a real estate transaction method where two back-to-back property sales occur on the same day, involving three parties: the original seller, the investor (middleman), and the end buyer.
Here's how it works:
First Transaction: The investor agrees to purchase the property from the original seller.
Second Transaction: The investor simultaneously sells the property to the end buyer at a higher price.
During a double closing, the investor typically uses the funds from the end buyer to complete the purchase from the original seller. This allows the investor to profit from the difference in sale prices without needing to use their own funds for an extended period. Double closings are often used in real estate wholesaling and transactional funding, allowing investors to efficiently facilitate deals and earn profits by connecting motivated sellers with interested buyers.
Can you fund EMD 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 a "Refundable Period" (a.k.a. inspection period). If you have no inspection period on your deal or the EMD is non-refundable we will not fund your deal.
Good news! We will provide you with the proper addendums for your purchase contract to keep our funds safe and your deal moving forward!
There is no limit on the funds we have available for EMD, Double Closings, or Stack Method deals. As long as your deal qualifies under our standards, we will be your one stop shop for all transactional funding both now and in the future!
We typically require 48 hours of notice to fund a deal, however we have funded in as quickly as 5 minutes (seriously). If you have a deal, your best bet is to submit it as soon as possible so we can review it and get the process started.
If your deal does not close, we do not charge you the transaction fees. Your only cost would be any non-refundable up-front fees since the work has already been done to put funds aside or fund your deal.
Our role on Stack Method deals as your 3rd party funding partner:
We ensure that we can meet your primary lender's down payment funding requirements for Sourcing and Seasoning.
We ensure our funds are protected throughout the completion of the transaction.
We bring the down payment funds to close with your primary lender.
We ensure Title is a party to our irrevocable disbursement instructions.
We record and disburse funds with our in-house attorney.
We TC, account setup, create contracts & security docs, coordinate Title & disbursements, record Seller note, and more.
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