Need expert guidance on securing your next real estate deal?
Our Transaction Loan experts are here to help! We understand the unique challenges of real estate investing and can provide personalized solutions to fit your needs.
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Your investment goals and strategies How our Transaction Loan can help you succeed Tailored financing options to fit your specific deal
Don't navigate the complexities of real estate financing alone.
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FAQS
The maximum loan amount varies by lender and state regulations, but typically ranges from $30,000 to $20,000,00. Many lenders offer smaller sums for first-time borrowers or those with limited experience.
While requirements can vary, most lenders require you to be at least 18 years old, have a property under contract, a wholesale-friendly title company, and a clear exit strategy. Some may also consider your experience but does not automatically disqualify you.
Transaction loans are short-term loans designed to be repaid with your next closing usually within 10 to 45 days. Some lenders may offer slightly longer terms of up to 48 months, but the loan periods are meant to be brief until your next closing.
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