ASK MIKE MONDAYS - Mike, you have motivated me to buy apartments. I want to be like Michael Becker… "Time to close the transaction…What you need to know?" (Episode 5A of 5)
Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles · Paul Peebles
August 25, 201915m 55s
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Show Notes
'Herding Cats' is a great way to explain to new borrowers on how a loan closing happens at the very end. As you can imagine, many different folks involved in the transaction have different responsibilities. Title, New Management, Lender, Attorney, Borrower are all going in 20 different directions. Michael goes into detail on what you need to know and do when preparing for a transaction to close.