Transactional funding is short-term capital used by investors to fund double closings. The funder provides the money to buy the property, and the investor resells it to the end buyer within a short period. 1st Option Title coordinates with transactional funders to close deals quickly.
A transactional funder provides short-term capital (usually 1-3 days) for the investor to purchase the property. The investor then immediately sells to the end buyer at a higher price. The funder is repaid from the second closing's proceeds.
We coordinate the title search, closing documents, and fund disbursement for both closings. We work directly with transactional funders to ensure timing and documentation requirements are met. Our experience with double closings means we can close both sides quickly and accurately.
Contact 1st Option Title to discuss your transaction.