Where do we get Transitional funding for back to back closes.

We were told to try Coastal Funding, but they just changed all their format for proof of Funds, and you don't have all that info right away.
The insiders cash only loans to LLC's.

Where do we go?

coastal funding

Is not up and running right now. I have several properties that I want to make offers on. What are we to do now?

Dale

kareng's picture

Most all of the Transactional Funding companies are now only loaning to LLCs or some type of business entity.

At Best you can get a POF in your personal name but when it comes to doing the actual funding it needs to be a biz entity.

Karen