No Credit Checks. No Hassle
SAME DAY FUNDING
Reasons to Submit Your Deal
For Residential Properties
Tired of slow traditional financing holding up your residential real estate deals? Our innovative transactional funding service is here to help you close faster.
Read MoreFor Commercial Properties
In the fast-paced world of commercial real estate, speed is everything. Don't let traditional financing slow you down. Our transactional funding service is designed to accelerate your deals and secure prime opportunities.
Read MoreLet's Fund Your Double Close!
How it Works
What to Expect When Working With Us:
Achieve your real estate goals faster with our expedited funding process. Our streamlined process prioritizes clarity and efficiency, potentially culminating in same-day funding decisions.
- Direct Lending Funds: We provide funding up to $70 million for double-closing transactions.
- Efficient Transfers: Funds are wired to escrow once the B-C funds are confirmed.
- Supportive Framework: Our team assists with all necessary paperwork and coordination
- We Provide Solutions to Title: In case they haven’t done any double closing transaction
- We Require ABC, PSAs, and Title Info to Start: double close preparation needs at least 3 business days before funding
- Dedicated Team: Access to an account manager, transactional coordinator, and funding specialist focused on ensuring a smooth closing.
FAQ's
Transactional funding is your shortcut to flipping properties fast. It allows you to secure Double Closings even without your own capital on hand. We provide the short-term funding you need to buy a property, and you pay us back once the deal is finalized. Think of it as a bridge loan that lets you control properties and turn a profit without upfront capital investment.
Get the capital you need when you need it most. With everything in order and approvals secured, we can often fund you on the same day! While timelines can vary, our typical funding timeframe falls between 2 and 4 business days. This means you can move quickly on opportunities and seize them before they vanish.
Our Transactional Funding amounts for your Double Closing needs can vary based on the specific deal. Our Venture Financial provides Double Closing solutions with funding capabilities up to $70M.
Atlanta Capital Group supports Double Closings in all states. Additionally, we’re here to assist you in finding investor-friendly closing firms.
Our low cost funding structure maximizes your investments and wholesale profits. Fees vary by deal, based on risk, terms, and duration.
Transactional Funding fees are higher than conventional funding, due to the transactional lending high risk, the short-term nature, the transactional coordinator effort required, and because not all the deals will close. Double Closing lending focuses on deposit loss risk over interest accumulation.
No Credit Check or proof of income is required to qualify.
We request both A-B and B-C contracts to be closed from the same Title, there may be cases where we can eventually work around this instance when this situation is not possible, but as a fundamental requirement, we need that both contracts go to the same Title or Closing Attorney.
JV agreement between us: Considering each deal is different and each state has different regulations, we require that our Transactional Fund Lending terms between us are part of a Joint Venture Agreement that we provide, so we are all on the same page and we make sure that this document is shared to the Closing officer for transparency.
Purchase and Sale Agreement: The terms of the property purchase, including the agreed-upon price, closing date, and other crucial details. Could be possible, that if the purchase agreement doesn’t offer the opportunity to authorize the refund of the Earnest Money Deposit in some conditions during the Inspection period, we must require to include an Addendum in the agreement that needs to be signed by all parties.
Contract Assignments (if applicable): If you’re assigning the contract to another buyer, documents showing the assignment of rights might be needed.
If required, under specific conditions and or our necessities, we might require additional documents from you, before authorizing any transactional funding
![acg-double-close](https://www.atlantacapitalgroup.com/wp-content/uploads/2024/07/acg-double-close.jpg)
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