Friday, May 14, 2010

On Cash Flow....[updated]

so...we had to pull some maneuvers to get things up and running full-speed again...some pain was involved.  it also involved some persistence.  but the end result is: we're finally getting some Donald Trump-style service in getting the bank money!

ok, kidding....but its MUCH better than before.

here's how its' goin down these days....

step 1: I'll call the person at the title company a few days ahead of the request.
step 2: then the inspector comes out to sign off on the work.
step 3: Next, you call the lender and tell them the request is coming.
step 4: the lender then gets the info from the inspector and packages that with the info from the title company and sends it to the bank.
step 5: once it gets to the bank, its actually a quick turnaround [assuming im not a deadbeat on the mortgage]

step 6: then they fedex me a check.
step 7: which goes right to my contractor [and his subcontractors]
step 8: ....and the cycle continues....until we're done....

luckily, I'll only have to do this twice more.

0 comments:

Post a Comment