Dec 21, 2020
Well, you probably won’t do that
again! If you cannot close; the seller WILL take your earnest
money. Before you expose your own money to a possible loss (in this
case- without having a creditable lending source) you must have an
in-depth conversation with a lending decision maker. Your lender is
your biggest partner, and you must get them to invest in the deal,
too! Be completely transparent to the lender.
Michael Becker has purchased over 10,000 apartment units between Dallas and Austin Texas. He is a former commercial banker and has a unique perspective of being of a former ‘loaner- of money’ and is now a large “owner- of commercial real estate.”
Are you interested in learning more about how Multifamily Syndications work?
Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.
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