WANT TO KNOW HOW THE PROCESS WORKS?
If you click the links above, they will break down all of the details you need.
Here are the basics:
✅ All EMD partnerships require a $250 deposit.
✅ We will not fund your non-refundable EMD.
✅ Double closings are done on same day transactions. Your end buyer must have their funds clear before we wire.
SCALABLE LENDING
Any time you go under contract on a real estate transaction, earnest money is required. Consider it your "good faith deposit" that you will follow through on the transaction. As you begin to scale, more and more of your own money will be held in escrow as a result. Don't let that stop you from accomplishing your goals, we've got you.
Wholesale Your Next Deal
Use us to scale your operation!
Double Close
We've got you covered for an A-B B-C transaction.
Access Liquidity
Use our liquidity to access capital for your next project.
Frequently Asked Questions
You have a few options. The best is to negotiate with the wholesaler and make it refundable. Alternatively, you would need to either fund it yourself or have your private lender fund it.
Yes! We fund in under thirty minutes once you have signed and sent the contracts. So really, it's up to you how quickly your money is sent.
Whether the deal closes or not, the contracts require you to pay us back as your lender. We do not, however, charge a fee for the return if it does not close. Please keep in mind, the contracts you sign stipulate more details regarding late fees and penalties. Upholding your end of the agreement will make for a mutually great relationship moving forward!
If you go under contract in a mutual release state, you have a few options. The safest is to request for the seller to sign an EMD release agreement prior to sending in the money. If you are unable to do this, you will be sending in the money at your own risk. Remember, the lender MUST be paid back regardless.
There is no limit to how much EMD we will fund for you. Our only stipulation is that you, as a person, maintain constant communication with us regarding any setbacks or changes. If you are not able to do this, we reserve the right to no longer work with you.
We charge a flat fee of 40% on any and all EMD deals we fund for you, regardless of deal size. Double closings start at 1.5% but fluctuate based on timeline. If you have any further questions about this, feel free to send us an email at funding@boostemd.com
Alex is always able to get back to me right away. And if the deal looks good, I get funded in less than 24 hrs. Definitely helped me scale my business!
Jack Walker
Wholesaler
Boost Your Business With BOOST EMD 🚀
Copyright © BoostEMD2024
BoostEMD.com