May 30, 2024

$48,700 Earnest Money Deposit covered for 75 days in TX

earnest-money-tx-4 cover

Background:

In the fast-paced world of real estate transactions, swift liquidity and security are essential. The TX-based PE fund sought to acquire a property. The challenge? They needed immediate liquidity.

The challenge:

The main challenge was securing the necessary funds to tie up the property for due diligence.

The solution:

Duckfund provided soft deposit financing to ensure liquidity was available immediately, allowing the client to proceed without delay.

Deal Breakdown:

Purchase Price:$4,800,000
Soft Deposit Term:75 days
Soft Deposit Size:$48,700

Fund your next real estate deal

  • Access fast financing
  • Grow your real estate portfolio

Timeline of the deal:

2 Apr
  • Application
  • PSA draft submitted
5 Apr
  • PFA signed
22 Apr
  • Option agreement signed
  • LLC registered
  • PSA signed
23 Apr
  • Soft deposit transferred

Signed documents:

  • Option agreement Signed by: The Client, Duckfund
  • Purchase facilitation agreement Signed by: The Client, Duckfund
  • Purchase and Sales Agreement (PSA) Signed by: The Seller, Newly registered LLC

Key Benefits of Partnering with Duckfund:

Swift Turnaround:The Client quickly had liquidity, enabling him to promptly secure the properties for due diligence.
Risk-Free Process:Thanks to Duckfund’s call option agreement, the transaction was not only quick but also risk-free for the investor.

Conclusion:

In the competitive world of real estate, swift action is often the key to success. The Investor successfully secured property with Duckfund's efficient soft deposit service. This case illustrates Duckfund's commitment to providing speed, security, and reliability in soft deposit financing, making it a valuable partner in the real estate industry.

Commercial
Real Estate
Financing
Real estate illustration
  • Approval within 24 hours
  • Fund multiple properties at once
  • No full deposit upfront — soft deposit only
  • Equity and debt financing options
  • Apply in under 2 minutes

Secure your next development — zero upfront capital required.

Start with Duckfund’s Sign Now, Pay Later model.
  • No capital commitment
  • Close faster
  • Scale with confidence
Secure your deals illustration

Continue reading

Want to learn more about CRE? Subscribe to our newsletter