Our clients use our Transactional Funding for two basic reasons:
- They have a contract that is NOT ASSIGNABLE to a third party. This is typical when purchasing properties off MLS, bank owned properties, or properties owned by government entities (HUD, FHA, Fannie Mae, etc)
- The wholesaler is choosing not to assign the contract in order to maximize their wholesale profit. Many times end buyers will not purchase a property if the assignment fee is too high. You do not have to disclose your contract details to the end buyer when you utilize Transactional Funding.