Frequently Asked Questions
Can you provide a Proof of Funds Letter for my
real estate deal?
Yes we can. You simply need to
fill our our Proof of Funds
request form. This
can be found by clicking on Proof of Funds at the left of this page.
How much are your
We offer some of the
lowest fees in the industry. You pay only $1,495 on deals up
to $50,000. See our Funding
details on our fees for up to 12
fund everywhere in the
fund deals in all 17 states: CA, CO, FL, IL, IN, MD, MA, MO, NE, NJ, NC, OH, PA, SC, TN, TX, UT.
Can I use my own title company or closing
Yes, you can. But if you
are doing a One Day Funding deal, you
first need to make sure that the company you choose
offers Back-to-Back closings. Not all do. If your regular
title company or closing attorney doesn't offer this, let us
. We can provide you with
information on companies that do offer this service in all the states
in which we provide funding. If you are buying a REO,
What kind of real estate deals do you
provide funding for?
We provide funding for
any kind real estate deal that has an End Buyer in place. This
includes Short Sales, REOs, Wholesale deals, HUD houses, For Sale By Owner
deals, Probate Deals, or and other deal that would be
considered a distressed sale or one for which you have a buyer
already lined up. In the St. Louis market, we also provide Hard Money Loans
What sort of credit checks are
There are no credit
checks or appraisals on the property whatsoever on One Day Funding deals. We
ask for an appraisal for Extended Transactional Funding. We do
require a background check, which includes a credit check, for
Hard Money Loans
Will I still have to pay if the deal falls through on
No, we only charge
fees for deals that are completed entirely. If your
end buyer backs out at the last minute or doesn't close for
any reason, there is absolutely no charge to
closing costs? Do you fund that too?
provide 100% of the funding of your real estate transaction,
and that includes all closing costs for the 1st transaction
(the A to B transaction).
Can you fund my rehab project?
We can provide funding
for Hard Money Loans in the St. Louis market, but
we do not provide the funds needed for rehab of the house
you are purchasing.
there a minimum or maximum deal you can
deals at least $50,000 or more, but
we will consider any deal with an end buyer in
place. We can fund deals up to about $500,000 at this
end buyer get funding with you also?
No we only offer
funding for the 1st transaction (the A to B transaction). Your
end buyer must have pre-approval for financing or provide
verifiable Hard Proof of Funds
as a cash
How much lead
time do you require?
We can fund
deals with as little as 48 hours notice, but the more
time we have in advance of the closing date, the better.
See our requirements for all of the types of funding on
our What We
Need From You
Contact us for more info