does anyone here have any experience with these types of loan providers?
If so any pitfalls or things to look at. One company was actually a MLM!UGH!
Some seem like they are private equity companies or private investors. I live in Phoenix and would like to take down a few deals.
Tim
Not any pitfalls that I can see.
You don’t have any costs out of pocket and there’s No qualification requirements.
There’s plenty of good ones.
I am wondering about these transactional funding services , do the realtors/Banks usually accept the Proof of Funds as valid? The funds are only there if you have a buyer willing to pay more. So I wonder if agents would be hesitant to accept the offers…because they wouldn’t want to tie up the property with an investor that hasn’t ‘qualified’? …
Anybody have experience using these services?