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Transactional Funding Hub
585 members โข Free
Transactional Funding Roadmap
9.8k members โข Free
5 contributions to Transactional Funding Hub
4d โขย
New Member Saying Hello
๐ New Member Intro Jeff Hollyhand Tuscaloosa, AL How long have you been involved in real estate or funding? Iโve tried a lot of different things in real estate over the past 25 years but embarrassingly, I never stuck with any of them. They were more like side gigs that I was dabbling in (as I worked my full-time career as a Firefighter). Now that I am retired, I hope to find one thing that fits my personality and focus on it. One thing youโre excited to learn or improve: How the escrow agreement between the lender/funder and the escrow company is actually drafted and fully secured (before funds are wired). I know thatโs really specific, but itโs what jumped in my head as I was thinking about this question. Favorite non-work hobby: Keeps changing over the years. Fun one: Early bird or night owl That also keeps changing. Lately night owl ๐ Glad to be here and ready to dig into the training! ๐
0 likes โข 10h
Hey man, what was it like dabbling and fighting fires??? It was pretty common for firemen to have several different part time gigs over their career, but after I retired, I noticed a handful of them had stuck with one thing and built a successful business that they could retire and run. Does retirement drive you nuts or are you enjoying it? Before I retired, I would see retirees and ask them what retirementโs like and they would say โI donโt know how I ever found time to go to the fire stationโ. Now I understand what they meant. ๐
3d โขย
EMD never goes HARD question
Is the EMD allowed to go HARD (not cancel the contract) if the wholesaler finds an end-buyer and gets them under the B-C contract, same closing date as the A-B contract, with their own larger non-refundable EMD (funds cleared โ i.e., wire or certified check) in escrow at the same title company before the end of the inspection period? If I understood the training correctly, the answer is NO. The wholesaler actually needs to close the transaction before the end of the inspection period. Or get an extension of the inspection period. But the answers under this post seems like either way would work? https://www.skool.com/fundinghub/emd-review-1-thing Sorry if Iโm missing something obvious. ๐
1 like โข 3d
@Paul Brown Yes, that makes perfect sense. I did miss something obvious; they send it to you and not the title company. And Iโm guessing it needs to be a wire, and not ACH or credit card payment because of reverses and charge backs that could happen after your money goes hard.
1 like โข 3d
@Paul Brown Got it - thanks ๐
3d โขย
Hello!
Hi everyone! I just joined the group and plan to get started on the training soon. Wishing you all a blessed day!
3 likes โข 3d
Welcome - I am new also.
3d โขย
I Graduated from Phase I
Share something that I learned: The Echo method was new to me. When I saw Brown, Pilakka & Associates LLC instead of Real Quick Funds LLC, I thought it was a typo, but as I continued reading, I realized that was one of the things that made the transaction work properly. ๐
2 likes โข 3d
@Paul Brown None so far. I joined yesterday, but I am starting the Production Layer > Lead Generation RIGHT NOW. I will be up late going through the training.
5d โขย
Newcomer
Hello everyone! Exited to be here and loking forward to meeting you all! Greetings from Paraguay!
2 likes โข 4d
New myself. My 1st comment. Just saying hi ๐
1-5 of 5
Active 9h ago
Joined May 27, 2026
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