Updated almost 7 years ago on . Most recent reply
What are the best lenders out there for starters?
Hello,
Basically I have no idea where I need to get a loan.
Another thing is, should I ask for the loan before I find a deal or??
Most Popular Reply
What type of loan are you trying to qualify for? If your going to buy properties to flip, then you’ll need purchase and rehab money. I would look at some local banks in your area. Is your credit ok? If your over 700 your in pretty good shape over 720 Even better. If your credit is not good you may need to bring a partner in to help with financing. You could go in and get pre-approved so you know where you stand. You will need to figure out your strategy. A solution is to partner on your first one or two deals for experience that will help with lenders.
Good Luck.