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LaMancha Sims
  • Lender
  • Atlanta, GA
41
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239
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Having Many Lenders Financing Different Deals 4U

LaMancha Sims
  • Lender
  • Atlanta, GA
Posted

I think that every Investor should have more than one Lender that he/she can go to finance deals.  My question - Is it wise or does it have the potential of getting an Investor in over his/her head? 

Having this option can put an Investor in a position that he/she is buying to many deals to fast. 

Your thoughts?

  • LaMancha Sims
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Sims Ventures.

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Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,548
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Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied

I think an investor should have one or maybe two dedicated lenders if doing scale.  Pretty much all lenders will eventually regress to the same general terms/rates in line with the market, so best to find one you trust and can rely on and like working with

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Harpoon Capital

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