Aug 22 • ❓ Questions
Echo Question
Hi all! Quick question about Echo funding!
In the examples I have seen, Echo funding allows for the Wholesaler to increase their B-C price.
Is this done because:
1 - they just can, since they are essentially providing the end buyer a service/favor and want a higher cut
2 - its actually cheaper for the end buyer to pay more in assignment than it is to go out and get a traditional gap loan and have an expensive and risky 2nd position loan?
3
8 comments
Echo Question
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Leaderboard (30-day)
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