Double Escrow Alternative Funding Q&A

Friends:

This is our program for double escrow alternative funding. 

We loan you funds for 1 day so you can close a double escrow if the title company or attorney does not want to use the end buyer’s funds.  We charge 3 points plus $500.  If there are other expenses we will inform you up front.  All is payable at closing.  So you do not have to bring any money.  Contact me at oscar@bestshortsales.com.  Look also at www.1-daymoney.com.  I look forward to doing business  with you.

Oscar Morante

www.bestshortsales.com

oscar@bestshortsales.com

Oscar:

Thank you.  I got it.

Tony:

Thanks for you interest.  This is what we do.  If you have a double close in which the title company does not want you to use the buyer’s money to pay you acquisition, we lend you to acquire the property.  Our only requirement is that you have an end buyer which is ready to close.  We do not fund the end buyer.  You will find out that you can’t do this type of transactions with FHA loans or any low down payment marginal buyer. Let me know if you have any other questions.

Sincerely,

Oscar

Oscar,
 
Thanks for the prompt reply.  I especially like your time frame, our transactions will have a complete package for you to work with.  I did not see anything on your site about the End Buyer FICO and what is the approximate rate would be.  I do realize that each deal or transaction is different, however, a ball park rate or FICO will do.
 
Tony