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Increase your transaction volume by leveraging external funds, enabling you to handle multiple deals simultaneously.
Frequently Asked Questions
About Velocity Advantage Capital
Quick Process
We provide transactional funding for double closings at lightning speed, allowing investors to capitalize on opportunities and maximize profits.
Experienced
We're wholesalers at heart. We've completed over 500 transactions and understand the anatomy of a deal. We leverage our experience to ensure your transactional funding deal goes as smoothly as possible.
Competitive
We know you worked hard to lock up that deal. That's why we offer transactional funding for less than 1%. Take home more of your hard-earned profits by partnering with us.
© 2024 Velocity Advantage Capital. All Rights Reserved.
Need Funds For Your Next Double Closing?
Gain an edge in the market with quick, confident action on profitable deals.
Hear From Our Clients
In 1 word, Amazing. I've done numerous deals with Peter and the team at this point. Not only are they one of the cheapest transactional funders I've found, but they are super-fast and efficient. They have bailed me out of a couple of tight spots on Very short notice. Amazing!!
Mitchell M.
"...super-fast and efficient."
"Communication was solid"
Things move smoothly and efficiently. Communication was solid. Would use again.
Eric G.
"Easy to communicate with..."
Great working with Peter and team. Easy to communicate with and quickly worked through our needs.
Baxter F.
"...the BEST rates in the industry."
It was the easiest process to get transactional funding. From 30 seconds to submit my request to getting my funding quickly and easily. Not to mention he has the BEST rates in the industry. I would highly recommend Peter and his team for your next double close!
Dan A.
"They are always prompt and flexible..."
I have used Velocity on several transactions. They are always prompt and flexible and help us get our deals closed smoothly 👍👍 Highly recommended!
Naqib M.
"Already recommended him to two coworkers..."
Peter is AMAZING! On my first transactional funding transaction, he was very patient and walked me through it. Already recommended him to two coworkers, both loved him as well.
Beth S.
"I use them for all of our transactional funding deals."
Velocity Advantage Capital is an amazing company. Their service is such an easy process and I use them for all of our transactional funding deals. I highly recommend.
Margarita C.
"...smooth and stress-free."
Our experience with your funding services has been exceptional. Peter has consistently provided seamless support, even when we required assistance at the last minute. His reliability and commitment to helping our company have made the process smooth and stress-free. We appreciate the partnership and look forward to continuing to work together! :)
Hera V.
Hassle-Free Transactional Funding for Real Estate Wholesalers
Fast funding for your double closings
No Upfront Fees
No Credit Checks
Protect Your Profits
No Employment Verification
Close in days, not weeks
Unlock fast funding for your wholesale deals
Quick Cash for your Double Closing
Our Process
Submit a Funding Request
Closing Day
We Get to Work!
Complete a Funding Request with your contact and closing details. We'll contact you and your settlement agent's office within 1 business day to verify the details and confirm the purchase price.
Once the date and the funding amount are confirmed, we'll send you a few documents that confirm our agreement.
Once the agreed upon closing documents are signed, we will coordinate with your settlement company for the funding of the transaction.
What is Transactional Funding?
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Are there eligibility requirements?
With each transaction, we require signed closing documents (i.e. HUDs), a signed promissory note, and a signed transactional funding agreement prior to the closing date. No underwriting is necessary!
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Are there any upfront costs?
There are NO upfront costs. All transactional funding fee(s) are deducted from the closing. The attorney's office or settlement firm will handle all transactions.
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What is the borrowing fee?
We charge less than 1% of the Purchase Price and a flat $250 processing fee. Minimum fee is $1,000.
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What is your experience in the Real Estate industry?
We're wholesalers at heart. We have eight years of experience in real estate investing, closing over 500 deals. We know the ins and outs of an investment transaction and how crucial a well handled closing is.
Transactional funding is a type of short-term financing that real estate investors, particularly wholesalers, often use for double closings. In these transactions, three parties are involved: the A-B seller, the B-C buyer, and the investor who facilitates the deal.
Need Funds For Your Next Double Closing?
Gain an edge in the market with quick, confident action on profitable deals.
Velocity Advantage was founded to empower real estate investors because that's who we are! We have over eight years of experience in the real estate investing space and have completed over 500 transactions across multiple markets with our own wholesaling firm. With thousands of hours of hands-on involvement in real estate closings, we have a strong understanding of the complexities of double closings. We will help you maximize your profits by guiding you through the process and giving you more time to focus on your next opportunity.
Peter Russell
Founder
THE A-B TRANSACTION
The investor or wholesaler (Party B) signs a contract to buy a property from the original seller (Party A).
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THE B-C TRANSACTION
Party B simultaneously arranges to sell the property to an end buyer (Party C) at a higher price.
2
FUNDING REQUIREMENT
To complete the A-B transaction, Party B needs funds to purchase the property from Party A. Transactional funding provides the necessary funds to Party B for a very short period, often just a few hours or a day, to complete the purchase.
3
REPAYMENT
When the A-B transaction is funded, closed, and recorded, then the B-C transaction immediately proceeds. Once both the A-B and B-C deals are completed, the closing company will send our funds and fees to us directly!
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Here's how it works: