Campbell, NY (PRWEB) June 29, 2013
There has been a ton of buzz lately in the real estate industry over investor Cameron Dunlap and what he’s doing to help fellow investors make money in real estate. One of the big challenges today is getting financing to close a deal. Cameron now offers a solution so investors can continue to “ride the foreclosure wave.”
“I’ve never seen a better time to invest then right now during this foreclosure bonanza,” say Cameron Dunlap. “So many investors need money to fund their transactions and that’s where I hope I can help out.”
Cameron has been investing in real estate since 1993 and has purchased millions of dollars in real estate. He also speaks in front of thousands of students and investors all over the country. His core focus is teaching how to buy and sell foreclosures.
One of the many pieces to investing in foreclosures is having the money to fund the transaction with the bank. Gone are the days when the end buyer's money was used to fund this transaction. Title Insurers now want to see independent transactions, so money has to come from the investor's side too.
This is where Cameron saw an opportunity to step in and help out. Being a successful real estate investor, he knew what needed to happen to make it all work. So now he is offering transactional funding to all his students and any investor that needs money to close on a back to back transaction.
Transactional funding is not a hard money loan or used to do rehabs or fix ups. It’s a way that allows investors the opportunity to wholesale properties to an end buyer. This is why credit scores and income do not matter because the money is only tied up for a very short period of time.
To use Cam's funding requires a small one-time retainer of $1000 that gets returned at the first closing. After the first closing, no more deposits or retainers are needed. He charges 2% on any amount under $600,000. That is also the max he will provide on any one deal. There are no other fees.
In order for transactional funding to work, there must be an end buyer in place with a contract to purchase and escrow receipt in hand.
For those needing more information about funding or transactional funding visit our website at http://www.fundaflip.com