EP 13 - Invoice Authorization: The Co-Living Buyer's Secret Weapon
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Matt Osman is back... and this time we're going deep on one tool that can dramatically reduce the cash you bring to a co-living acquisition: the invoice authorization.
In simple terms, it's an addendum where the seller agrees to pay your contractor directly at closing. Done right, it lets you fold renovation costs into your loan, keep the seller whole, satisfy the lender, and walk into a co-living-ready property with a fraction of the out-of-pocket spend.
Matt shares real examples (including a $100K invoice authorization on one deal), the front-end vs. back-end negotiation playbook, how to position it with listing agents, and why the appraisal is the linchpin of the whole strategy.
Connect with Matt: Email: matt@investslb.com
Ask about the Co-Living Agent Accelerator
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If you got value from this one, share it with an investor who's about to close on a co-living property, it might save them five figures.