Coastal Funding provides Flash Funding™ for the “A” to “B” transaction at a fixed rate of return (2%). By using the Back-to-Back closing method, along with Flash Funding™ it allows investors to buy and sell properties at the same time safely and legally. As you know, most title companies are no longer allowing you to use the end buyer’s money to close both transactions.
Flash Funding™, along with the Back-to-Back Closing method, you can safely and legally close your Real Estate Deals with no worries. With the new guidelines and title companies no longer willing to close short sales using land trusts (we know some still are and we will fund them with your title company) we recommend using the option contract.