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Updated over 7 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Danzell Crowell
  • Rental Property Investor
  • Brooklyn, NY
2
Votes |
19
Posts

Proposing a professional offer

Danzell Crowell
  • Rental Property Investor
  • Brooklyn, NY
Posted

Hey BP Community,

I currently live in Brooklyn, New York but would like to invest outside of my state. I want to fund my first BRRRR strategy through private lenders.

After using the BP Calculator I have homerun Offers I would like to present. But most agents have asked me for proof of funds before  proceeding. And I’m not to sure what’s really the next step cause I don’t wanna waste a lender time if I can’t get a commitment on a price with a seller before I go ask for money...

My question is should I put offers in to the seller first, then once agreed upon a price then I could go the lenders and show them the deal to fund ? Or should I get a lender first then go find a deal?... 

Thanks, BP Community. 

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