Aug 31, 2022
If you're getting money from a lender, you'll find today's episode incredibly useful as we talk about the lender draws, potential problems you can meet when making draw requests, and how to avoid them. So pay attention and prevent messy property repair blunders with whichever deal you complete.
Topics on Today’s Episode
- Lender draw: 3 rules to follow when performing one
- Questions to ask before agreeing to a construction loan
- The importance of keeping a record of your expenses
- Why you should bring property management in-house
Resource/Link mentioned
Quotes
- “ It’s usually at the property level where you start having disconnects. ”
- “Sometimes, a medium-sized lender is worth its weight in gold.”
- “The more we communicate, the more efficient we are.”
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