Frequently asked questions
How Much Do You Charge?
We charge 40% return for EMD funding and 1.5% for double close funding up to $1M to start. These numbers can change depending on duration of the deal and risks involved. All deals have a $2,000 minimum return.
What are the upfront fees?
We charge EMD $500 upfront to compensate our transaction coordinators for underwriting and processing the sale. This fee is necessary to avoid losing money on your canceled deal. It will be deducted from the return at closing!
What is the max you can lend?
We will fund up to $100k on EMD and $100M for double closings.
What qualifies as Double Closing?
A double closing (also called a back-to-back or simultaneous closing) is a real estate investment strategy—mainly used by wholesalers—where two separate transactions occur on the same property, usually on the same day:
Transaction #1: The investor (you) buys the property from the seller.
Transaction #2: The investor immediately sells the property to the end buyer, often at a higher price.
What qualifies as a double closing:
Two distinct closings with separate sets of closing documents.
The investor takes legal ownership of the property, even if only briefly.
The transactions happen back-to-back, often within hours.
Typically requires transactional funding to cover the first closing before receiving the end buyer’s funds.
Can End Buyers Qualify for EMD Lending?
Yes! We need 3 HUDs to show prior experience, and the seller to sign an addendum making the inspection period go through the close of escrow. All details will be sent when your deal is submitted.
What if we don't close?
If your deal does not close, we do not charge you the 40% fee. Your only cost would be the up-front fee since our transaction coordinators were already working on the deal for you.
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Ensure smooth transactions with our reliable earnest money lending services. Trust us to handle your real estate needs in Lee County efficiently and professionally.