Updated almost 3 years ago on . Most recent reply
Having Many Lenders Financing Different Deals 4U
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
Sims Ventures.
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Robin Simon
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
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#3 Private Lending & Conventional Mortgage Advice Contributor
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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