EMD - Double Close - Fix & Flip - New Construction - DSCR - Bridge

Time is of the essence in real estate investing.  

The amount of earnest money typically ranges from 1% to 3% of the purchase price. Our EMD loans offer you quick access to funds, enabling you to secure properties before they slip away.  Don’t let cash constraints hold you back!

- Structure for Funding

• EMD loans will have an upfront deposit fee of 5% ($350 min) NON REFUNDABLE
• Deposit is paid directly to lender before EMD is funded to title and credited toward fees once the deal goes through
• Must be within the inspection / due diligence period
• Inspection/due diligence period must be extended to close of escrow (Fix n' Flips)
• Escrow/Title must give written understanding of the transaction
• 30 - 60 Days

-Documents

• Signed JV agreement
• Signed Escrow instructions (Compensation from buyer to lender, Assignment of EMD)
• Signed earnest Money Agreement
• Mutual release statement signed