Frequently Asked Questions

Earnest money deposit funding is beneficial for individuals and businesses involved in real estate investing. Whether you’re wholesaling a property or purchasing an investment property, earnest money deposit funding can help you secure properties with confidence.

Eligibility criteria for earnest money deposit funding include a signed purchasing agreement with the seller, an active inspection period, and wire instructions for the title company handling the transaction. Our team will assess your individual situation to determine your eligibility and provide guidance throughout the process.

Fees associated with earnest money deposit funding may vary depending on the lender and the specific terms of the loan. Common fees may include origination fees, processing fees, appraisal fees, and closing costs. Our team will provide a clear breakdown of any fees associated with your loan to ensure transparency and avoid surprises.

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.

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 an inspection period. If you have no inspection period on your deal or the EMD is non-refundable we will not fund your deal. If however you have an inspection period, we can fund your deal temporarily as long as our funds are replaced prior to the inspection period ending.

There is no limit on the funds we have available for both EMD and double closings. 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!