There is more than one way to fund your real estate deals this year…
It is great to master a system and model for funding and flipping properties. Of course we all know that this business is constantly influx, and that every deal is unique, and can have special quirks. In order to stay consistent in deal flow, income, real estate marketing ROI, and to get the most out of every lead and contact, it pays to have a few different funding strategies and capabilities. That way you can stay agile and keep deals alive when curve balls come, and find a way to get every deal done, even if it isn’t your main MO.
Put these types of funding in your pocket this year, do more deals, and stay on top…
Transactional Funding
Grab this dough for a day and enjoy flash funding your real estate flips with low risk, less hoops, and for big profits. Obtaining transactional funding is ridiculously easy for those looking to wholesale and flip houses in 1-3 days. Check out just how easy it is here.
Hard Money
Some properties just aren’t ready to be flipped in 3 days. Perhaps there are necessary repairs to make, or your buyers may need a little more time to juggle their capital and close. There may even be more profit in taking the property to better performance over 6 to 24 months, and then reselling. This is when hard money can be incredibly powerful. It offer ease of funding, but with longer terms, even on properties other lenders won’t finance.
Working Capital & Lines of Credit
Real estate projects notoriously frequently cost more than expected, or funds get held up for a few days or weeks longer than expected. It is critical for real estate investors to stay liquid in order to pay their bills and team, to keep landing new deals and keep the pipeline full, as well as to consistently push out marketing to attract new leads. PayPal, banks, alternative lenders, and others now provide very easy access to working capital and lines of credit to bridge this gap. The key is putting this in place before you really need it.
Joint Venture Capital
Sometimes alternative cash sources are necessary. It may be a few thousand dollars floated to cover closing costs or minor repairs, or it may be partnering up to gain a larger sum to take down a big opportunity you just can’t pass up. Savvy investors all the way up to Warren Buffett and Berkshire Hathaway embrace this type of deal. It could come friends and family, local private money investors you meet at investor groups, or even from real estate crowdfunding portals. Constantly grow your access and knowledge of these funding sources so you are prepared in advance.
Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.
"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
- Frank Olaitan, Real Estate Investor, MD
"I can't thank you and your company enough for providing funding for our latest project, and right at the last minute. You came through with funding in less than 24 hours and coordinated with the closing agent and attorneys like you had been involved with our project the entire way. I'll know exactly where to call for the funding we'll need for our next project."
- Dave Pricken, Real Estate Investor, NJ
"Thank you so much! I just had a talk with our Realtor on both properties and told him amazing things about your company!... Normally I rehab the houses and re resells them. I just don't have the patience for that work anymore. This [transactional funding] is such a better way for me and less stress."
- Steven Kupecz, Real Estate Investor, TN
"We want to thank you for the exceptional customer service you provided. No one comes close. We had contacted a competitor the same time we contacted your company. Your company responded with in a few minutes while the competitor has yet to respond weeks later even after multiple phone calls and emails. Thanks again for the unmatched customer service."
"We had looked into several transaction lenders for a couple properties we were trying to flip. Your company was the most responsive and had the best pricing. Even though we had logistics issues with the B/C lender, your company acted very professionally and handled our requests beyond our expectations."
"Thank you for your commitment to an excellent customer experience."
- Phoenix Properties, LLC, Ronald Destefani, Investor, PA
"I was studying on how transactional funding works and you guys had the best and most thorough explanations posted so I could fully understand the details in back to back closing. I'd already started setting everything up but your video confirmed that I'm on the right track."
- La'Donna Turnipseed-Scott, Investor, LA
"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
- T. A. Davis, Investor, NJ
"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
Your help negotiating with our title company made our back-to-back deal, finally happen. People noticed on settlement day how effectively and efficiently your part of the transaction was organized and executed. Again, thank you for truthfully being the "BEST" at what you do!"
- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
"Thank you so much for working so diligently with me. Your services really are the "BEST". I look forward to working with you in the near future!"
- Ericka B., Real Estate Investor, CA