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Updated almost 4 years ago on . Most recent reply

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James C Toland-Yeh
  • New to Real Estate
  • California
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What do Private Lenders expect to see in order to say yes or no?

James C Toland-Yeh
  • New to Real Estate
  • California
Posted

One of the main things that seem to allude to me is what sort of paperwork do Private lenders want to see when someone is asking for a loan?  Example: I have a house I want to flip. I have run the numbers and now all I need is funding.  I do not know what the private lenders want to see, in order to make a decision.  Some form? Just really basic details?  Property Address? Also, what is expected that the lender will do?  Will they call the realtor, homeowners, etc?  Do I need to provide all the paperwork for the lender, to do the deal?  Basically, I would love to hear the process that I should follow in order to talk and work with a private lender. Thanks...

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