How to get the money from our investor?

3 Replies

We are closing on our first deal with an investor. We are buying a fix&flip with their cash.

Should they wire the money directly to the closing company? Or should it come to us so we have a tax record of it being inside our bank account?

Thanks!!

They should wire it directly to the closing company.  It definitely shouldn't go directly to your (the buyer's) bank account.