Earnest Money Deposit Funding
Short-duration capital used to satisfy qualifying earnest money requirements associated with a real estate transaction.
Transactional funding is designed for a specific execution need rather than long-term ownership capital. J3 currently focuses on earnest money deposit and double-close requests.
Availability, eligibility and terms depend on the specific borrower, property and capital provider.
Short-duration capital used to satisfy qualifying earnest money requirements associated with a real estate transaction.
Short-duration transaction capital used when an investor completes an acquisition and resale through two separate closings rather than assigning the original contract.
EMD funding is short-duration capital used to satisfy an earnest money deposit requirement for a qualifying real estate transaction.
It may be used when an investor has a qualifying transaction and needs capital specifically for the earnest money requirement while preserving other capital for the deal.
A double close involves two separate closings: the investor first acquires the property and then resells it to the end buyer in a separate transaction.
Short-duration capital may fund the first acquisition, with repayment tied to completion of the second closing. Exact requirements depend on the transaction and provider.
In an assignment, contractual rights are transferred to another buyer. In a double close, the investor actually completes an acquisition and a separate resale.
Common items include executed purchase and resale contracts, settlement or escrow information, requested funding amount, closing timeline and transaction-party details.
Submit the opportunity and select the funding type that fits your transaction.