Financing and Closing
This stage is where you figure out the financing and closing details. This is where you ensure all of the funds are in place, the funds that you need to.
- Purchase price
- Closing cost
- Professional fee
Here at this stage, this is where you review and execute a purchase agreement. This is the agreement where you say you’re going to buy it at this price, in the end, any conditions related to the purchase.
Closing an escrow and transferring the title, would all happen at this stage at the closing, so once all the agreements are in, then the funds go to escrow, and when the title is finally transferred. You will have acquired your investment property, but your work.