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Updated almost 3 years ago on . Most recent reply

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Laura Gomez
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How To Locate and choose a lender

Laura Gomez
Posted

What questions should I ask when looking for someone to fund a deal?

Thanks

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied

It really depends on what type of property you are looking to finance, that will be the driver of what type of lender you need

Is this a house hack / partial owner occupied property?

Are you looking to buy something turnkey or a property that needs rehab?

Do you qualify for conventional financing (W2 income, employment history, strong credit, not maxxed out) or need something with easier qualifiaction?

  • Robin Simon
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