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Program 05
Transactional Funding in Frisco
Frisco wholesalers get same-day transactional funding for double closings.
Transactional funding funds the A-to-B leg of a double close so you can close B-to-C the same day, up to 100% of the purchase price on a flat fee, with no credit check or appraisal. In Frisco and the rest of Collin County, assignment volume concentrates in the growth-tier subdivisions, where a Public Improvement District or Municipal Utility District can sit on a lot without ever appearing as a line item on a tax rate table. Collin County's clerk stops taking couriered recordings at 3:30 p.m., so the A-to-B funding has to be committed before closing day, not arranged on it. This is business-purpose lending only, and every structure is confirmed in underwriting.
Same-day
funding
100%
of purchase
Days
not weeks
No credit
check
Typical figures, subject to underwriting and market conditions. Not a commitment to lend.
How it works
Funding is typically same-day with flat-fee pricing and no appraisal or credit check, since the loan is repaid from the simultaneous resale. Bring us the closing docs and we handle the rest.
Who it's for
Wholesalers
Assignment and double closes
Back-to-back closings
Time-sensitive resales
Typical terms
UseFunds the A-to-B leg
LeverageUp to 100% of purchase
TermDays, not weeks
PricingFlat fee
UnderwritingNo credit / appraisal
CloseSimultaneous
*Typical terms, subject to underwriting and market conditions.
Local FAQ
Transactional Funding in Frisco, answered.
What has to be disclosed when I wholesale a Frisco or Collin County deal?
Two separate written disclosures, not one. Texas Occupations Code section 1101.0045 requires you to disclose your equitable interest in writing to any seller or potential buyer before you sell an option or assign a contract, and Property Code section 5.0205 requires a second, separate written notice before the assignment contract itself, telling the buyer you hold no legal title and telling the property owner you intend to assign. Both were touched by SB 1577, effective January 1, 2024, which amended 1101.0045 and moved and amended 5.0205; treat them as two duties, not one restated. We are a lender, not counsel, so have a Texas real estate attorney review your disclosure language before you use it in Frisco or Collin County.
Why does Collin County's PID and MUD structure matter to what I disclose my end buyer?
Because the assessment your buyer inherits often does not show up on the tax rate table you would hand them. Collin County carries 71 Public Improvement District entries, and every one of them prints a rate of 0.000000 on the county's own tax rate schedule, with a note that a PID is an assessment set by the district rather than a tax rate. The named PIDs sit in the same northern growth-tier subdivisions, in and around Celina, Prosper and the newer McKinney tracts, where builder contracts, lot takedowns and pre-construction assignments concentrate. Nineteen Municipal Utility Districts stack on top, ranging up to a rate of 1.200000. A wholesaler who pulls the PID and MUD figures from the county's assessment roll and discloses them alongside the statutory equitable-interest notice is doing something most of the market skips.
What time does the Collin County Clerk stop taking recordings, and how does that change a double close?
Earlier than you probably plan for: no plat filings after 3:00 p.m. and no couriers after 3:30 p.m. The Collin County Clerk's office keeps standard 8:00 a.m. to 4:00 p.m. hours, but those two cutoffs are the practical ceiling on getting a paper A-to-B deed recorded in time to close B-to-C the same afternoon. E-recording is available in Collin County through four named vendors, and it is the more reliable way to clear the first leg before the courier cutoff rather than racing it. Whatever channel your title company uses, confirm its submission window before you set a closing date.
What does it cost to record both deeds on a Collin County double close?
$25.00 for the first page and $4.00 for each additional page, per deed. A typical special warranty deed runs a few pages, so recording both legs of a double close in Collin County costs roughly the same as in Dallas or Rockwall County, and less than Denton County's $29.00 first-page floor. The fee is the small part; watch the requirements. Collin County charges its own $25.00 penalty when a deed omits the grantee's address, and it counts any marking on the back of a page as an extra page, so a rushed A-to-B deed can cost more than the schedule implies. This loan funds the A-to-B purchase itself, not the recording fees on either leg.
Can the title company fund my A-to-B leg out of the end buyer's money?
Ask the branch closing your file; Texas law requires the money to already be in the account. Texas Insurance Code section 2651.202 bars a title company from disbursing trust fund money until good funds for that transaction have actually been received and deposited in amounts sufficient to cover the disbursement. There is no dry closing in Texas, which is the mechanical reason the A-to-B leg needs its own committed funding rather than a promise against the B-to-C proceeds. No Collin County-specific title company practice on double closings has been sourced for this page, so get the answer in writing from your title company before you commit to a date.
Is Frisco and Collin County wholesaling a distressed-resale market or a new-construction one?
New construction, mostly. No Collin County flip rate, gross profit or ROI figure has been published at the county level, unlike Dallas County, where ATTOM tracks the metro directly. What Collin County does have is a concentrated growth-tier construction lane in Prosper, Celina and McKinney, with 71 PID subdivisions and 19 MUDs, where lot takedowns and builder contract assignments are the deal type. Texas's first-Tuesday foreclosure sale under Property Code section 51.002 still sets the statewide cadence for any distressed inventory that does surface, with 21 days of posted notice on a non-owner-occupied property, but treat that as background timing rather than the primary source of Collin County assignment deals.
FAQ
Transactional Funding questions, answered.
What is transactional funding, and when do I use it?
Transactional funding is short-term capital that funds the A-to-B leg of a back-to-back (double) closing, so you can resell to your end buyer (B-to-C) the same day. It is built for wholesalers and assignment deals where you need to take title briefly without using your own cash.
How much does transactional funding cost?
It is priced as a flat fee rather than an interest rate, since the money is only out for a day or two. Market pricing generally runs about 1% to 3% of the amount funded, with a dollar minimum on small deals. You also cover the normal double-close costs such as title, escrow, and recording.
How much of the purchase will you fund?
We can fund up to 100% of your purchase price on the A-to-B closing, so you bring no money to the table. The loan is repaid directly from the proceeds of your simultaneous B-to-C sale.
Do you check credit or require an appraisal?
No. Transactional funding requires no credit check and no appraisal. Approval rests on a verified, ready-to-close end buyer rather than your personal finances, which is why it can fund same-day.
What do you need to fund the deal?
Your executed A-to-B and B-to-C contracts, proof of the end buyer's funds, and a title or escrow company that allows back-to-back closings. With those in hand we can fund the same day.
How long is the loan?
Very short, usually a matter of days. It is designed to be repaid out of the same-day or next-day resale, not held like a normal loan.
Resources
Guides for Transactional Funding
Fix and Flip · 6 min read
Fix and Flip Loan Requirements: What You Need to Get Funded
Read the guide Transactional · 4 min read
What Is Transactional Funding? (Double Closings for Wholesalers)
Read the guide Fix and Flip · 5 min read
Can You Fund a Fix and Flip With No Money Down?
Read the guide Getting Funded · 4 min read
How Fast Can a Hard Money Loan Close?
Read the guide Compare
Transactional Funding vs. other options
More in Frisco
Other programs in Frisco
Fix and FlipUp to 90% / 100% rehabRental / DSCR30-yr fixed, DSCR from 0.75Ground-Up ConstructionUp to 70% LTV, most statesCRE BridgeUp to $10M, 24-36 moBank Statement / No-DocNo tax returns requiredConventional InvestmentNon-owner-occupied investmentPortfolio LoansMultiple properties, one loanCRE PermanentLong-term agency & permSBA Financing7(a) & 504 placement
About the local figures on this page
Local rules move. Every tax rate, fee, ordinance and market figure here comes from a primary source and carries the date we read it, and we correct them as the rules change. Where a number is mid-change or we could not verify it, we say so rather than guess. Before you commit a budget, confirm anything that drives it with the city or county, and talk to your attorney or CPA on questions of law or tax.
Funding Frisco deals fast.
Get real terms, usually same day. No obligation, no hard credit pull to start.