FAQs

Find answers to frequently asked questions about FlipFund and the transactional funding process.

What is transactional funding in real estate?
  • Transactional funding is a short-term, same-day real estate loan used primarily in real estate wholesaling to fund the purchase of a property temporarily so it can be bought and resold in the same day. It is most commonly used for a double close (also called a concurrent closing), where an investor purchases a property (A–B transaction) and immediately resells it to an end buyer (B–C transaction).
  • Transactional funding allows wholesalers and investors to close deals without using their own capital, while facilitating smooth, compliant double closings.
  • Transactional funding is typically used when a real estate contract is non-assignable, which is common with:
  • MLS-listed properties
  • Bank-owned (REO) properties
  • Government-owned properties (HUD, FHA, Fannie Mae, etc.)
  • It is also used when a wholesaler chooses to double close (concurrent) instead of assign in order to protect their numbers or maximize their wholesale spread. In many cases, end buyers may hesitate or refuse to proceed if the assignment fee appears too high.
  • By using transactional funding to complete a double closing (concurrent), the wholesaler can purchase and resell the property the same day without disclosing the original contract price or assignment fee to the end buyer.
  • Our transactional funding program has one simple requirement: Both transactions must close on the same day.
  • The end buyer’s funds are used to pay off the transactional loan immediately after the resale closes.
  • Our transactional funding fees are:
    • As low as $699 
    • $450 application fee
    • $200 processing fee – if another title company other fees may incur
    • There are no hidden fees and no long-term interest, since this is a same-day funding solution.
  • No. We offer transactional funding with no minimums or maximums, making our program flexible for both small wholesale deals and large commercial or residential transactions.
  • No. Transactional funding does not require a credit check, income verification, or personal financials.
     Approval is based on the strength of the deal and the end buyer, not the wholesaler’s credit.
  • Yes. You may use your own title company or attorney, although a small coordination fee may apply. We also work with a preferred nationwide title company that is experienced in handling double closings and transactional funding transactions.
  • No. All transactional funding transactions can be completed 100% remotely, including signing documents and coordinating closings.
  • We can often provide same-day transactional funding and move quickly once we receive the contract and closing details. Many deals can be approved and funded within hours, depending on title readiness.
  • Yes. We provide Proof of Funds (POF) and Transactional Funding Approval Letters to help you submit offers and show sellers and agents you are able to close.
  • You can request a Loan Approval Letter directly through our website.

Get Funding Today

Get fast access to transactional funding designed for real estate wholesalers. Simple process. Fast approvals. Same-day closings.

Request a Pre-Approval Letter
Apply for Transactional Funding