Transactional Funding Information
Transactional funding is a type of real estate funding strategy where the real estate investor needs funds to buy a property from a distressed home seller and then has an end buyer for the property already lined up to by the property.
Transactional funding very useful for short sale investor in areas where title companies will not perform simultaneous closings where your buyer comes to the closing table with the funds.
The key to transactional funding is having your end buyer lined up in advance just as you were to have a simultaneous closing.
Many investors are using private money now as hard money is a dying breed in this credit crunch era but transactional funding is a valuable alternative for the real estate investor.
