REAL ESTATE INVESTOR FINANCING

    Apply
    Transactional

    Stack vs Echo — Which Structure Is My Deal?

    Seller stays in → Stack. Everyone cashes out → Echo. A simple decision rule.

    The Simple Rule

    Seller stays in → Stack. Everyone cashes out → Echo. If the seller remains financially involved (the seller carry repays or supports the transactional capital), it's a Stack. If the wholesaler exits entirely and the spread repays the transactional capital, it's an Echo.

    Stack — Seller Stays In

    The seller carries financing that stays in the deal after closing. The primary loan is typically DSCR or private/hard money. The buyer is usually keeping the property. The seller carry repays or supports the transactional capital; the transactional capital fills the closing-table gap the primary loan + seller carry don't cover.

    Echo — Everyone Cashess Out

    Part of a double close. The wholesaler purchases from the seller (A-B) and resells to an end buyer (B-C). The end buyer has primary financing for the B-C. Echo capital supplies the B-C down-payment gap. The wholesaler's spread repays the Echo capital at settlement — the wholesaler exits entirely.

    Key Structural Difference

    In a Stack, the transactional capital exits at closing and the seller carry remains. In an Echo, the transactional capital exits at settlement and the wholesaler exits with it. The repayment source is different: seller carry (Stack) vs. spread (Echo).

    The Core Economic Test (Both)

    Stack: the seller carry must cover the funding + fee + transaction costs. Echo: the B-C spread must cover the funding + fee + costs. If the supporting component (seller carry or spread) is too small, the structure doesn't self-fund and the deal must be restructured.

    Frequently Asked Questions

    Ready to submit this kind of deal?

    The product page has the complete program specifications, pricing, and qualification snapshot.

    Explore Transactional Programs

    Educational content only. Guides describe how financing structures generally work and are not approvals, commitments, or guarantees of terms. Programs, eligibility, leverage, rates, fees, terms, timelines, and availability vary by provider, property, location, borrower qualifications, documentation, and deal structure. All financing is subject to independent provider review, underwriting, and final approval. Green Fire Strategies does not guarantee approval, terms, closing, or funding.

    Prepare your deal and submit.

    Submit once. We'll review the transaction and identify potential financing paths.