16 min listen
JF1761: What To Do When Your Lender Backs Out At The Last Minute #SituationSaturday with Michael Beeman
JF1761: What To Do When Your Lender Backs Out At The Last Minute #SituationSaturday with Michael Beeman
ratings:
Length:
21 minutes
Released:
Jun 29, 2019
Format:
Podcast episode
Description
Michael is coming back onto the show (previous episode below) to share a situation he recently had in his business that taught him a lot. He had a lender back out of his deal THE DAY OF CLOSING! This was a 62 unit deal, and Michael was left scrambling to get this deal done. Hear how he overcame the situation and what he learned in the process. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “If you’re starting out, mortgage brokers can be an asset for you” - Michael Beeman Michael Beeman Real Estate Background: Began his REI career in May of 2017 with $52k to invest His company's holdings now include ownership and management of over 120 multifamily units Listen to his previous episode: JF1345: Another Real Estate Success Story | 31 Units With $60k! with Michael Beeman And if you like this episode you’ll like: https://joefairless.com/podcast/jf599-big-money-raised-investor-partners-set-on-the-closing-day-the-lender-says/ Based in Casey, Illinois Say hi to him at bestevercommunity.com or 217.508.8185 If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit BestEverPassiveInvestor.com. We created this site just for passive investors to have a free resource providing the questions to ask and things to think through. BestEverPassiveInvestor.com
Released:
Jun 29, 2019
Format:
Podcast episode
Titles in the series (100)
JF 18: Sneaky Small Stuff that Leads to Big Revelations: What do window tracks, outlet covers and the sides of dishwashers have in common? Mark Ahern is about to tell you and, more importantly, why knowing the answer will help you initially evaluate the condition of a property faster. by Best Real Estate Investing Advice Ever