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All Forum Posts by: Tanner Thomason

Tanner Thomason has started 1 posts and replied 1 times.

Post: MF secret tips like closing on the 1st of the month.

Tanner Thomason
Posted
  • Posts 2
  • Votes 1

I was listening to the BP podcast (either the main one or rookie or even Betterlife to be honest) and the guest mentioned about how they always try to close on the 1st of the month. If I remember correctly, it was so that the mortgage for that month was already paid by the previous owner and the new owner was able to collect that month's rent, giving them a small padding of cash at the very beginning of their ownership should anything immediately come up. This was an entirely new idea to me and I was curious if there were any other little hints like that which could really add up if they became part of your regular strategy.