Build a Two-Transaction Cash Timeline

By Don McClain | Founder & Principal, Medro Advisors

When property proceeds are intended for another purchase, map both transactions on one timeline. Identify funds needed before the first closing, conditions that could delay proceeds and the evidence required for the next purchase. Keep gross proceeds separate from usable cash after applicable payoffs, costs and taxes. Do not assume an expected closing funds another obligation until the relevant dependencies are resolved.

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