$1M down payment needed for a few hours.

I’m new here. I recently had a conversation with a buyer who needs about $1M for a group of properties he is buying in Houston, TX. He submits everything through his team, so I don’t have all the details. What’s my next step? I’ve seen the HUD, and he would like to close early next week. He does a lot of deals so I think this would be a great contact. Full disclosure: I did submit this to a lender in the new Gator Challenge (Pace Morby), however it’s a brand new relationship and I have no visibility into the process as the buyer had his team fill out the application. I’m not sure if or when they will fund it so I thought maybe we could reach out to the buyer and see if we can get them taken care of.

5 comments

$1M down payment needed for a few hours.