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Multi-Family Legacy Podcast
Multi-Family Legacy Podcast
209: A Deep Dive Into Construction Loan Funding And The Draw Process
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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

Resources/Links 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.”

Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard, please leave a review on iTunes.