Using Escrow for your Investment Deals

It is critical to learn how using escrow for your investment deals can help you win in real estate investing!

What is escrow?

Think of it as a reimbursement program. Lenders will lock in a certain amount in the escrow fund. You can then submit draw requests throughout your project. 

Plan ahead for your deals!

Be prepared, you will likely need an additional $50,000 from your own pocket to get the project going before submitting the first draw. To clarify, this is essentially a reimbursement request. Keep in mind that it might take some time to go through the lenders verification process, so it’s important to prepare for a few weeks ahead in order to keep things on track.

How to get initial funds to access escrow:

1. Business Credit Cards
2. Lines of Credit
3. Other People’s Money
4. Gap Funding

By having full money buckets at the front end, it makes a huge difference in your sucess as an investor. Remember, markets move fast! A stalled project can end up costing more than they are worth! 

Contact Us Today! 

To find out more about using escrow of your investment deals can help you win! Contact us today.

Free Tools For You! 

We also have free tools available! Download the Real Private Money Checklist now to see what changes you need to make in order to get on the right path.

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