Speedy Funding.
Funding Freedom for Investors on the Move! As a real estate investor or wholesaler, you don’t stay in one place nor should your funding. Nomad Funding Group travels with you, delivering fast, flexible capital wherever your deals take you. No credit checks or roadblocks. We cover EMD (earnest money deposit) Double Closings, and your down payment for Seller Carry-Back. Wherever your next opportunity is, we will help you close it.
Your next deal starts now!
What's the cost of the journey
EMD Funding
In the world of real estate, flexibility is key just like life on the road. Need earnest money to lock in a deal? We've got you covered.
Here’s how it works: We fund your EMD, and when the deal closes, we get our initial amount back plus a flat 40% return (minimum $1,500). Simple, transparent, and no surprises.
Before we fund, there’s a $500 or 1% upfront fee if the deal is 30 days or less from the start, if the deal is longer than 30 days, the upfront fee is double and is still collected upfront. ($1000 or 2%) to cover transaction coordination. Think of it as gas money for getting the deal rolling.
Double Close Funding
Whether you're a wholesaler securing your next big assignment or an investor navigating the market like a seasoned traveler, we’ve got your back.
We keep it simple: a flat 1.5% fee on all double closings with at least one week's notice. Need the funds faster? No problem—we’ll take a look and see if we can make it happen.
Every great deal is a stepping stone to financial freedom, our minimum return is $1,500 on smaller deals.
Seller Carryback Funding
Need cash flow without the long wait? We’ve got you! Our seller carryback funding keeps your journey moving with a flat 2.5% minimum fee and at least one week's notice. Need it faster? We’ll review and do our best to make it happen.
Whether you're chasing the next deal, hitting the open road, or building your dream, we keep things simple. Minimum return of $2,500 on smaller deals. No red tape, no drama just funding that fits your lifestyle.
Frequently Asked Questions
How much do you charge?
We charge 40% return for lending EMD and 1.5% for double closings to start. We also fund seller carry-backs starting at 2.5%.These numbers can change depending on duration of the deal and risks involved.
Are there any up-front fees?
For EMD, we charge minimum $250 to pay our team for underwriting and processing the deal. Sadly we must do this so we don't end up losing money by funding your cancelled deal. If you are confident in your deal closing, this will have no effect on you!
What qualifies as double closing?
A double closing is a real estate transaction method where two back-to-back property sales occur on the same day, involving three parties: the original seller, the investor (middleman), and the end buyer.
Here's how it works:
First Transaction: The investor agrees to purchase the property from the original seller.
Second Transaction: The investor simultaneously sells the property to the end buyer at a higher price.
During a double closing, the investor typically uses the funds from the end buyer to complete the purchase from the original seller. This allows the investor to profit from the difference in sale prices without needing to use their own funds for an extended period.Double closings are often used in real estate wholesaling and transactional funding, allowing investors to efficiently facilitate deals and earn profits by connecting motivated sellers with interested buyers.
What qualifies as a seller carry-back (Stack Method)?
A seller carry-back deal involves a hard money or DSCR loan being used to purchase a property. The remaining amount needed for purchase is funded by the seller via a seller carry-back. This amount is typically equal to the down-payment and closing costs.
If you have a deal like this, the lender will likely require you to bring the down-payment to close and then be reimbursed by the seller carry-back. IF the lender approves, we can fund that down-payment for you to close the deal.
Can you fund EMD for end buyers?
We can fund EMD for end buyers, but it's rare. At the end of the day, our funds have to be protected no matter what. Typically that is done through an inspection period. If you have no inspection period on your deal or the EMD is non-refundable we will not fund your deal.
If however the inspection period goes through the closing and you have a commitment letter from your lender to close on the deal, we may be able to fund it.
Is there a max amount you can fund?
We will fund deals up to $10M as long as the deal qualifies under our standards and requirements. We will be your one stop shop for all transactional funding both now and in the future!
How quickly can we get our deal funded?
We typically require 48 hours of notice to fund a deal, however we have funded in as quickly as 5 minutes (seriously). If you have a deal, your best bet is to submit it as soon as possible so we can review it and get the process started.
What happens if the deal doesn't close?
If your deal does not close, we do not charge you the 40% fee. Your only cost would be the up front fee since our transaction coordinators have already worked on the deal for you.
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