How a file runs
One deal, start to finish.
Most people describing this work tell you what they offer. Here is the work itself, stage by stage.
This is an illustration of our process, not a client file. Numbers are representative.
The deal
An out-of-state investor has a tired-landlord lead. The seller owes $182,000 at 3.25%, wants $240,000, and has said no to two cash offers already. The investor knows there's something here and doesn't know how to build it.
- Lead
- Analysis
- Structure
- Funding
- Contract TC
- Title TC
- Rehab
- Disposition
- Closing
- Post-close
A transaction coordinator handles two of these. We handle the line.
Exit First handles or coordinates TC All a transaction coordinator covers
-
Lead
The conversation that was going nowhere
The seller wants his number and won't move. A cash offer at $198,000 insults him. We get on the phone and stop negotiating price — the price was never the problem, the terms were.
-
Analysis
What the property is really worth
Comparable sales pulled and defended. ARV lands at $312,000, not the $340,000 the investor hoped. Rehab scoped at a $34,000–$41,000 range. Every exit run: flip, BRRRR, wholesale, and creative.
-
Structure
The shape the deal has to take
Cash doesn't work at the seller's number. Subject-to the existing 3.25% loan, with a seller carry second for the difference, does. We model it, then we say why the alternatives don't fit.
-
Funding
Money lined up before it's needed
Earnest money and the rehab draw are identified. A DSCR takeout is lined up for the refinance exit so the investor isn't looking for it in month five.
-
Contract
Papered off the terms you agreed
Purchase contract and addenda prepared from the written terms. Subject-to disclosure, seller carry note terms, and the due-on-sale acknowledgement all drafted and routed for signature.
-
Title
The step that saves the deal
The investor's usual title company reads the subject-to clause and goes quiet. We don't fight it — we take the file to a company we already know closes this structure in this state. Escrow opens the same week.
-
Rehab
A budget somebody stands behind
Line-item scope written first, then three contractors bid against the same scope. Bids leveled apples to apples — the low bid was low because it omitted the electrical panel. Final budget $38,600 with contingency, on a draw schedule tied to milestones.
-
Disposition
Sold to a buyer who can actually close
Buyer package built and marketed. Proof of funds verified — two of the four interested buyers couldn't document it. Offers collected and negotiated rather than accepting the first one that arrived.
-
Closing
Nothing discovered on the last day
Contingencies, inspection periods, and lender conditions tracked to the day. The one document the lender asked for on day nineteen was in their hands on day nineteen.
-
Post-close
Set up so it runs without you
Third-party servicing stood up for the seller carry note so the investor isn't collecting payments personally. Documents packaged and archived.
That's the whole line.
Send us a deal and we'll tell you which parts of it you actually need.