Which is first? The deal or the financing?

[Kenneth Futrell]

Hey everyone, I'm just trying to get starting investing in wholesaling and fix and flips in Baltimore County and I keep having people tell me I need to have my financing beforehand. I'm just wondering what really comes first: the deal or the financing?

[Curtis Bidwell]

@Kenneth Futrell The first question a good realtor or seasoned seller is going to ask you -before they spend time researching and driving you around is, "How are you going to pay for this?"  If you don't have the means to close the deal they won't waste their time. 

So yes, line up your financing, get preapproved through hard money lenders, banks, mortgage broker, etc.  I've found that when I'm in a position to make a deal they tend to show up.