🎉 Win to share with the community! Today we funded a $15K EMD for my client on a seven-figure, real estate-backed business acquisition, on a tight two-day timeline. Winning the business was not easy but I stuck with it. Big shout-out to @Justin Pilakka & @Manoela Oliveira on the funding operations team who moved quickly on a non-traditional deal. You turned the docs around fast, kept title on track, and made the whole thing clean & smooth. On to the next deal, which is a jumbo one 👀 🤝

I got a request for $3k of funding to stop a tax sale in PA. I'm wondering if this could be structured like an Echo request or maybe rolled into a double close request? The $3k would be used to stop the property from going to tax sale before Thursday. Ideally it would go through attorney/title escrow, then be released directly to Tax Claim with written instructions so the sale is stopped. Repayment would come from the assignment, double close, or closing proceeds with a return. Seller side is low and I have buyer interest around $28k as-is.

@Paul Brown you wont fund an 100k EMD if 10k is up front non refundable, 90K after the due diligence of 15 days if buyer doesnt back out..its has to be 100% refundable, or is there way to structure it by cross collaterizling on a property buyer owns ?

Do you fund EMD in CA? I tried to look in the classroom for the answer but didn’t see any state restrictions.

What is Joshs information so I can get a referral to him?