Transactional Funding in Oxnard

There is no wholesaling-specific statute in California or in Ventura County. The rule that actually governs is the general real estate broker license definition: acting for compensation on behalf of another person in negotiating a sale or a loan secured by real property requires a Department of Real Estate broker license. The common industry position, that assigning your own equitable interest in a purchase contract is acting for yourself rather than for another, appears only in industry sources, not in a published DRE guidance document, so treat it as unsettled rather than confirmed. Talk to your attorney about how your specific contract and marketing approach are structured.

Every city in Ventura County, including Oxnard, sits at the statewide base of $1.10 per $1,000 of price, with no city add-on. A double close generates that tax twice, once on each leg, and by local custom the seller pays it on their leg, so as the seller on the B-to-C leg you carry that cost. Cross the county line into the City of Los Angeles and the combined rate jumps to $5.60 per $1,000, plus a possible Measure ULA tax on higher-priced transfers, a materially bigger cost on the same deal structure.

Local custom in Ventura County splits the escrow fee between buyer and seller, and puts the owner's title policy and the documentary transfer tax on the seller. As the seller on your B-to-C leg, that means your resale needs to absorb the title policy premium and the transfer tax off the top. These are customs, not law, and are negotiable deal by deal, but they are what a title company will propose by default.

Yes. Ventura County follows Southern California escrow practice, where an independent escrow company typically handles the closing alongside the title insurer, rather than the title company running escrow directly as is more common up north. No attorney is required at closing either way. Build your A-to-B and B-to-C timelines around your escrow officer's schedule.

No. There is no statute, regulation, or Department of Insurance requirement mandating a minimum title policy procurement period between the two legs of a double close. That claim shows up on transactional-funding marketing sites, but no primary source for it was found in California law or in DRE or DFPI guidance. Whether a specific title company will issue a policy same-day is a question for that title company, not a state-mandated rule.

California's flip disclosure law reaches any 1-4 unit resale where the seller accepted an offer within 18 months of taking title. That seller has to disclose room additions, structural modifications, other alterations, or repairs done by contractors, including contractor names and contact information, and may attach permits. It applies to your end buyer if they turn around and resell quickly, not just to you, so it is worth flagging to them.

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.

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.

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.

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.

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.

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.