Services
Services
When you need help to get your real estate transactions to the closing table. The most popular programs we provide to help you do this and achieve your goals are JV-EMD, Gap Funding, and Transactional Funding.
JV-EMD for Earnest Money Deposit
Earnest money deposit (EMD) funds are necessary for businesses seeking to purchase real estate. Earnest money is a deposit made by a buyer to demonstrate their serious intent to purchase a property. It is typically paid at the time a purchase agreement is signed and is held in escrow until the close of the sale, at which point it is either returned to the buyer or applied toward the purchase price of the property.
JV-EMD offers a convenient and secure way for buyers to access the funds they need to make an earnest money deposit. The goal of JV-EMD is to provide a simple and reliable source of funding for those looking to enter into a real estate transaction and to ensure that the earnest money process goes smoothly for all parties involved.
In most cases, the funds provided by JV-EMD are paid back at the close of escrow, either through the sale of the property or through other means agreed upon by the parties involved.
Gap Funding
Gap Funding is a specialized financial service offered by Expanding Freedom LLC, meticulously designed to bridge the financial ‘gap’ in real estate investments. When the primary financing falls short of the total amount required for property acquisition, closing costs, and extensive rehabilitation, our Gap Funding Program steps in to fuel the venture with the needed capital.
Just as every real estate deal is unique, so is our approach to each funding request. We evaluate each opportunity on an individual basis, considering variables such as Purchase Price, Scope of Rehab, Time Period, After Repair Value (ARV), potential Exit Strategies, and the track record of the Investor involved. This ensures a tailored funding solution that matches the distinctive requirements and risk factors of each deal.
Gap funding programs from Expanding Freedom typically extend from 30 to 120 days, offering investors the financial flexibility they need to enhance and flip properties without being saddled with long-term financial burdens. The funds provided under our Gap Funding scheme are generally repaid at the close of the agreed period, either through the sale of the property or via other means that all parties have agreed upon beforehand.
With Expanding Freedom’s Gap Funding Program, real estate investors gain access to crucial financial support that smooths the process from acquisition to profitable exit, accelerating the growth of their real estate portfolio, and moving them swiftly toward their financial aspirations.
Transactional Funding
Transactional funding is a type of financing that enables investors to close on a property without using their own money. This can be particularly useful when an investor is unable to use a double close, which is a common technique used to buy and sell properties without the need for traditional financing.
Transactional funding allows investors to quickly and easily close on a property by providing them with the necessary funds to complete the transaction.
This service is often used by real estate investors who are looking to flip properties or who need to close on a property quickly in order to take advantage of a good deal. By offering transactional funding, investors can close on properties more easily and efficiently, helping them to grow their real estate portfolio and achieve their financial goals.