Promptly secured a $25,000 EMD for the deal in Texas.
Background:
In the fast-paced world of real estate transactions, swift liquidity and security are essential. TX-base Asset manager sought to acquire a property in Lubbock, TX. The challenge? They needed immediate liquidity to close the deal swiftly.
The challenge:
The main challenge was securing the necessary funds to complete the acquisition within a tight deadline to capitalize on a strategic market opportunity.
The solution:
Duckfund provided soft deposit financing to ensure liquidity was available immediately, allowing the Client to close the deal swiftly and efficiently.
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 entity
Key Benefits of Partnering with Duckfund:
Conclusion:
In the competitive world of real estate, swift action is often the key to success. The Client successfully secured a strategic 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.