Capital available for Ernest Money Deposits with the following parameters:
- Up to 60 day escrows
- Quick funding decisions
- Not a loan; no points, no interest, no monthly payments
- No up-front fees or costs
EMD Markups are as follows:
- Under $5,000, 100% Ex: $4k EMD pays back $8k
- $5,000-$25,000, 50% Ex: $20k EMD pays back $30k
- $25,000+, 35% Ex: $45k EMD pays back $60,750
Available in all 50 States
Why EMD Funding?
- Don’t tie up your precious capital, use theirs.
- Allows you to leverage yourself into more deals.
- Having EMD funds can mean the difference between a deal happening or not.
- It can be critical when it comes to putting a property under contract.
- Without EMD an investor cannot lock up a property.
- Must have a realistic and verifiable exit strategy. (Must prove where the money is coming from)
- Short-term only.
- You can be new or experienced. The loan is based on the structure/strength of the deal.
- Structured as a Joint-Venture, Lender is repaid through escrow.
- Deal Summary including address, comps to prove ARV, rehab bid, exit strategy, investor Bio/resume. Need to know: Timeline to perform, COE.
- Quick Funding’s are available if complete Package is submitted.
- Unique – Not debt or equity; not a loan or ownership.