Real Estate Investor Makes $1 Million Dollars A Month With Transactional Funding

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on Jun 23 in BestTransactionFunding
Looking for a little inspiration to take your real estate investing to the next level and want to know how the pros are really able to make so much? Looking for a little inspiration to take your real estate investing to the next level and want to know how the pros are really able to make so much? At least one Florida real estate investor has been able to make of over $1 million dollars a month using transactional funding!

For those not familiar with transactional funding, it provides easy access to money for acquiring discounted properties so that you can begin flipping a high volume of homes. The best transactional funding sources will fund 100% of your purchase price and closing costs and can normally help you close in 3-5 days. Even better, they don’t care about your ARV, how much money you have in the bank, what your credit looks like or even an appraisal providing you already have an end buyer to resell to. Obviously financing your deals doesn’t get any easier than this.

Transactional funding can be used for bank owned REOs, short sales, HUD homes and other foreclosures. One Florida real estate investor has used transactional funding, to buy and flip an average of 10 properties per month at a spread of $100,000 per property. That’s a modest $1 million dollars a month.

Surely you already have far more bargain priced deals on your plate than you can handle or have funds to close on. Though clearly with transactional funding you could start taking on a lot more of them. Not sure you can find these kinds of spreads in your local market? Perhaps you should take note of recent news from Bloomberg and the Business Insider which has reported on areas of California where it is now not uncommon to see properties seeing multiple bids at 20% over the asking price. Just look at Mark Zuckerberg, apparently he just paid $1 million over the asking price of his new $7 million dollar pad.

So all that remains is needing to find 10 buyers a month. There are expected to be well over 5 million homes bought this year. Can’t you find at least 10 buyers per month?
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