$25,000 soft deposit to secure the deal in Maine
Background:
In the fast-paced world of real estate transactions, swift liquidity and security are essential. A private investor, sought to purchase a property for flipping located at Wilson Road, OH. with a total purchase price of $725,000. His challenge? He needed immediate liquidity to secure this promising property portfolio.
The challenge:
A $25,000 soft deposit with a 30-day deposit term was required. The Client needed a swift and secure financing solution to seize this flipping opportunity.
The solution:
Duckfund's soft deposit financing ensured The Client had the liquidity needed to secure his desired property portfolio without delay. Additionally, Duckfund's option premium and call option agreement reduced transaction risks, offering a secure and adaptable process for the buyer.
Deal Breakdown:
Timeline of the deal:
Signed documents:
- Option agreement Signed by: The Client, Duckfund
- Purchase facilitation agreement Signed by: The Client, Duckfund
- Contract of Sale (PSA) Signed by: The Seller, Newly registered LLC
Key Benefits of Partnering with Duckfund:
Conclusion:
In the competitive world of real estate, swift action is often the key to success. Investor successfully secured a property with Duckfund's efficient soft deposit service. This case illustrates Duckfund's commitment to providing speed, security, and reliability in soft deposit transactions, making it a valuable partner in the real estate industry.
Sign Now, Pay Later with Fast Soft Deposit Financing
Discover how Duckfund can help you secure prime commercial real estate quickly, close multiple deals at once, and rapidly grow your CRE portfolio. Only pay the soft deposit when you are ready to close the deal. Apply for fast CRE funding now. We'll get back to you within 24 hours.