Transactional Funding | Wholesale Flash Cash | REO Flip Financing | Short Sale Investing
Atlantic Equity Partners, LLC lends on any type of back-to-back real estate transaction including short sales, Bank REO, For Sale by Owner (FSBO), and commercial properties.
Transactional fundingloans (“Flash Cash”) are a new lending product and procedure to the residential real estate industry, most commonly used in short sale or flip transactions. The product is born from increased scrutiny and regulation in our business, and the refusal of most title companies to perform simultaneous closings.
These new title company and lender rules are having a big impact on pre-foreclosure real estate investors and agents who negotiate short sale transactions. Double closing flip transactions using the end-buyers money to fund the initial purchase of the property is rarely allowed, even by small “investor friendly” title companies.
Today, in most cases, investors must fund their purchase contract and separate the two transactions – Side A to B closing and then Side B to C closing. This procedure is called a “Back-to-Back Closing.”
Two Ways to Fund Wholesale Flips, REO or Short Sale
Here are two common ways that real estate investors use to finance house flip transactions without using any of their own cash or credit. These strategies are used by wholesalers who are flipping short sales, pre-foreclosure or REO properties.
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Simultaneous Closing Using B-to-C Buyer’s Lender Funds
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Back-to-Back Closing using Transactional Funding Loan
Must Attach and Submit the Following Documents:
Contract between seller and investor
The HUD-1 (A) seller and (B) investor
Contract between investor and end buyer
The HUD-1 (B) investor and (C) end buyer
Short sale acceptance letter if short sale
A Loan Preapproval Letter on Lender Letterhead from the Primary Lender
Pricing | Costs | Fees
Please compare us with the competition and enjoy the Benefits of Atlantic Equity Partners , LLC’
REALLY SIMPLE PRICING STRUCTURE
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No Upfront Fees
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No Application Fees
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No Hidden Fees
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No Appraisal Costs
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No Credit Check
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Loans up to $100,000 – never more than our low funding fee of $1895
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Loans more than $100,000 never more than 2 points with no other fees
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The best service, paperless easy short forms and docs.
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And 24 hour FAST!
Atlantic Equity Partners , LLC lends on any type of back-to-back real estate transaction including short sales, Bank REO, For Sale by Owner (FSBO), and commercial properties.
Complete Transactional Funding Request
This form is for a Funding Process Request for deals that are Ready to Close with all contracts executed. Please do NOT use this form to request a Proof of Funds letter (use this link to auto-generate) a Proof of Funds Application . The following form creates your Loan Documents. In order to expedite your order, please complete all the fields in the form and double check for errors before submitting.
Thanks and Welcome from the Atlantic Equity Partners LLC.Team. We look forward to serving your flip financing needs.
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