100% funding for your double closings
What is transactional funding?
Transactional funding is a short-term loan issued to wholesalers to buy and sell an investment property on the same day. This loan term on a transactional funding is only one day and is use to facilitate a wholesale transaction with no money required by the wholesaler. The wholesaler does not need to “assign” the contract, but rather can close on the purchase agreement themself. This is also known as a “double close” and some call it an “AB-BC” transaction. “A” represents the seller of the property, “B” represents the wholesaler, and “C” represents the end buyer, who is often a house flipper or another real estate investor.
We will need the A-B contract and the B-C contract as well as the title company/closing attorney you are using on the deal.
"A" refers to the original seller of the property.
"B" refers to you, the wholesaler.
"C" refers to the end buyer.
For transactional funding there is no credit score minimum or check. There is no net worth or income verification either.
Wire Fee: $50 (minimum total funding fee is $1000)
That's it! No junk fees, no hidden fees. We pride ourselves on simple, transparent pricing.
We fund double closings with our own money so we are not chained to providing a return for any third party.
We would like you notice of 1-2 weeks so we can have you on our schedule (we lend with our own funds). However, we can fund with much shorter notice.
We fund the escrow/closing agent via domestic wire.
We lend in all 50 states. New York and California are case by case.
No. We will do transactional funding for any individual or entity.
"We could not assign a contract and at the last minute had to call Junegrass. We closed quickly and it was so easy"
"I have done 4 deals with these guys and will never use anyone else."
"I normally just assign contracts but had occasionally have to double close, Junegrass is my go-to everytime
"When our primary financing option fell through we went to Junegrass and they saved the day for us"
"Other borrowers would lead me on and change the terms at the last minute but not you guys."
"Just paid off my first hard money loan and I HIGHLY RECOMMEND. Dylan and his team were always transparent"
"Thank you for your support throughout our project. Having a good team makes all the difference."
"Thanks to Junegrass Lending, we have flipped our 5th house!! We can't recommend them enough,"
"if you aren't sure about financing, go to junegrass lending. any and all questions. they know their stuff."
"Thank you for your speed and honesty, you really helped me profit more on my first rehab project."