Get Your Deals Funded Through Community
Access quick and relaiable private funding funding to grow your real estate business. Our real estate funding network connects you with eager investors to provide the capital you need to close more deals, think bigger, and dramatically scale your business. Tap into major funding fast to act decisively on properties and turbocharge your growth.
No hidden agendas
We're transparent on what we're looking for in funding deals and we expect you to do the same.
Communication
We understand that time kills all deals. We'll update you on the funding process so you're in the loop and know the status of your deal.
Our Network
Leverage our vast and expanding network of gator and private money lenders to get the best funding for your deal.
Looking for a bigger commitment? Let’s talk and we’ll see if it's a good fit.
Let us help you get your next deal funded
Earnest Money Deposits
Secure your equitable interest in your contract so you're able to protect your deal for closing
Transactional Funding
For double closes that require you to purchse the property to resell to your end buyer
Process Of Geting Funded
We have a quick turnaround for funding reviews and funding
1. Submit your deal info
Provide information on the deal for which you're seeking funding. We'll request that you provide documentation supporting the funding you're requesting. Documentation can include contracts, settlement statements, appraisals, and more.
2. Underwriting and Deal Review
Once our team receives the proper information and documentation, our team will underwrite and review the deal to ensure it qualifies for our funding.
3. Deal gets funded
Once our team approves the deal and documentation is signed by all parties, you'll receive the funding.
Frequently Asked Questions
You got questions on funding, and we got answers
Earnest Money Deposits
How much do you charge?
We charge 40% return for lending EMD
Are there any up-front fees?
For EMD, we charge $250 to pay our team for underwriting and processing the deal. Sadly we must do this so we don't end up losing money by funding your cancelled deal. If you are confident in your deal closing, this will have no effect on you!
Can you fund EMD for end buyers?
We can fund EMD for end buyers, but it's rare. At the end of the day, our funds have to be protected no matter what. Typically that is done through an inspection period. If you have no inspection period on your deal or the EMD is non-refundable we will not fund your deal.
Transactional Funding
What qualifies as transactional funding?
A double closing is a real estate transaction method where two back-to-back property sales occur on the same day, involving three parties: the original seller, the investor (middleman), and the end buyer.
Here's how it works:
First Transaction: The investor agrees to purchase the property from the original seller.
Second Transaction: The investor simultaneously sells the property to the end buyer at a higher price.
During a double closing, the investor typically uses the funds from the end buyer to complete the purchase from the original seller. This allows the investor to profit from the difference in sale prices without needing to use their own funds for an extended period.
Double closings are often used in real estate wholesaling and transactional funding, allowing investors to efficiently facilitate deals and earn profits by connecting motivated sellers with interested buyers.
Other
Is there a max amount you can fund?
There is no limit on the funds we have available for both EMD and double closings. As long as your deal qualifies under our standards, we will be your one stop shop for all transactional funding both now and in the future!
How quickly can we get our deal funded?
We typically require 48 hours of notice to fund a deal, however we have funded in as quickly as 5 minutes (seriously). If you have a deal, your best bet is to submit it as soon as possible so we can review it and get the process started.
What happens if the deal doesn'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 have already worked on the deal for you.
Let's Squad Up On Funding
Don't let a lack of financial resources stop you from getting a deal closed
For hungry real estate professionals looking to buy, sell, and fund investment deals
Socials
Resources
© 2024 Hungry Dispo LLC All rights reserved