Questions about Offer Ready Capital LLC
What is Offer Ready Capital LLC?
Offer Ready Capital LLC is a financial services company based in Detroit, Michigan, that provides earnest money deposit (EMD) funding for real estate investors. They wire up to $100,000 directly to escrow within 48 hours without requiring a credit check, collateral, or a personal guarantee. Wholesalers, fix-and-flippers, and CRE sponsors use them to lock multiple deals at once without tying up their own capital. You only pay when the deal closes.
Who is this service built for?
The business serves investors and developers managing business-purpose properties, ranging from single-family rentals to large commercial assets. They also cater to wholesalers and operators who need to keep cash liquid during due diligence while offering stronger bids. Their process is built for speed, aiming to fund 100% of the soft deposit on qualified investment properties.
How does the application and funding process work?
To get started, you must first provide an un-executed purchase agreement, an exit strategy, and a target close date. The application takes about five minutes and has no fee to apply. After a same-day underwriting review, a term sheet is issued, followed by signing a funding agreement and paying an approval and funding fee.
What are the key performance metrics and areas served?
The company operates in 21 states and claims a 24-hour funding time for their soft EMD financing. They state that they fund 100% of the soft deposit on qualified deals, ensuring the earnest money shows up on time through a transparent, 24/7 funding experience.
How is the capital managed and secured?
All capital is held with a licensed third-party escrow partner, ensuring independent escrow custody separate from Offer Ready Capital. The company emphasizes that all capital is held with a licensed third-party escrow partner, separate from Offer Ready Capital. Sole-order escrow is used at a licensed third-party agent, never their accounts.
What are the stated terms regarding fees and liability?
The website states there are no application fees, no credit checks, and no liability for the deposit principal ever. They claim to fund 100% of your soft deposit, wired to escrow in 24 hours. The process is designed so you keep the capital while they handle the funding.
What makes their approach different from competitors?
The company describes itself as being built for professional operators who need to move faster and offer stronger bids. They highlight features like full EMD coverage and a 24-hour funding time as key differentiators. Their soft EMD financing is specifically built for serious operators needing to lock multiple deals at once.
Where is the business located and how can it be contacted?
The business operates out of 400 Renaissance Center, Suite 2600, Detroit, MI 48243. Their contact information includes the phone number (313) 279-0693 and the email address info@offerreadycapital.com. They also maintain a website at offerreadycapital.com for further details.
How does the business compare to other funding options?
The company claims to serve 21 states and operates with a 24-hour funding time. They mention that their process is built for speed and allows investors to make offers with confidence. The website also notes that they underwrite the deal, not the credit score.
What specific features are highlighted on their website?
The website states that they fund 100% of the soft deposit on qualified, business-purpose investment properties. They emphasize that the process is built for speed, with a 24-hour funding time. The company also mentions that they have no application fees and no credit checks required.
What are the pricing and payment terms?
The company states that they wire up to $100,000 directly to escrow within 48 hours. They also mention that you only pay when the deal closes. The process involves a same-day underwriting review and a term sheet issuance before funding.
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Offer Ready Capital provides fast earnest money deposit's (EMD) funding for real estate investors. We wire up to $100,000 directly to escrow within 48 hours — no credit check, no collateral, no personal guarantee. Wholesalers, fix-and-flippers, and CRE sponsors use us to lock multiple deals at once without tying up their own capital. You only pay when the deal closes.
- Website
- offerreadycapital.com
- Phone
- (313) 279-0693
- Address
- 400 Renaissance Center, Suite 2600, Detroit, MI 48243
- Categories
- Financial services