The first alternative we want to cover is money from private investors. There are two big rules to follow when you get funding from private investors:
Walk-Through Addendum: This is when the buyer walks through the property one last time to approve everything prior to closing. It usually occurs two to five days before closing. It’s just intended to give the buyer a chance to make sure nothing adverse has happened to the property. This is a normal and customary part of the sales agreement, and you shouldn’t have any problem with agreeing to this addendum, but you need to note the date when the buyer says they want to do the walk through.