Can Brittco fund a flip or a double close in New Jersey?
Yes. In New Jersey, Brittco funds the purchase in a double close, a fix and flip with rehab draws, and a short-term loan on investment property.
Brittco Capital, Inc. funds the A-B purchase so you can resell in New Jersey. Same-day is 1%. A resale within 7 calendar days is 2%. Fix and flip loans and short-term private money are priced with the property.
Which loans are available in New Jersey?
In New Jersey, three business-purpose loans cover investment property. Transactional funding pays for the purchase in a double close. A fix and flip loan covers the purchase and the rehab. A private money or bridge loan covers a short hold until a sale or a refinance.
Transactional funding ·Fix and flip loans ·Private money and bridge loans
How does a closing get funded in New Jersey?
New Jersey closings commonly involve attorneys on each side, plus a title company. A double close needs those offices to agree on sequencing and on the short-term payoff. Start that conversation early.
Deeds are generally recorded with the county clerk. Confirm the county’s cut-off. Same-day plans fail when the clerk’s window is ignored.
What should you confirm about transfer taxes and recording?
New Jersey realty transfer fees are a standard closer question. Confirm them. They are not part of Brittco’s published transactional fee.
How does a double close work in New Jersey?
A double close in New Jersey uses two contracts: the A-B purchase and the B-C resale. Brittco funds the purchase. The closer on the file records the deeds, collects transfer charges, and orders the wires. Set the closing date with that office before you send the request.
What does a worked fee example look like?
On $150,000, the estimated fee is $1,500 for a same-day close (1%) and $3,000 if the resale closes within 7 calendar days (2%). Estimate only, not a quote.
Fee calculator ·How a double close works ·All states
What questions come up about New Jersey?
Can Brittco fund a flip or a double close in New Jersey?
Yes. In New Jersey, Brittco funds the purchase in a double close, a fix and flip with rehab draws, and a short-term loan on investment property. Same-day transactional funding is 1%. A resale within 7 calendar days is 2%. Fix and flip and private money are priced with the file.
Who typically closes in New Jersey?
New Jersey closings commonly involve attorneys on each side, plus a title company. A double close needs those offices to agree on sequencing and on the short-term payoff. Start that conversation early.
How are deeds recorded in New Jersey?
Deeds are generally recorded with the county clerk. Confirm the county’s cut-off. Same-day plans fail when the clerk’s window is ignored.
What about transfer taxes in New Jersey?
New Jersey realty transfer fees are a standard closer question. Confirm them. They are not part of Brittco’s published transactional fee.
What is the estimated transactional fee?
On $150,000, the estimated fee is $1,500 for a same-day close (1%) and $3,000 if the resale closes within 7 calendar days (2%). Estimate only, not a quote.
Fund a flip or a double close in New Jersey?
Send the property, the amount, and the two closing dates. Same-day funding is 1%.