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Updated about 9 hours ago on . Most recent reply

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Joe Grespin
  • Rental Property Investor
21
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41
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Experienced Private Lender – Struggling to Find Borrowers Lately

Joe Grespin
  • Rental Property Investor
Posted

Hey everyone,

I’ve been in the private lending space for a while now, mostly focused on short-term deals like fix and flips and bridge loans. I’ve had some solid borrowers in the past, but lately it’s been tough finding new deals that make sense — or even hearing from serious borrowers at all.

I’m curious if others are seeing a slowdown on their end too, or if maybe I need to adjust how I’m getting in front of folks. I’ve always relied on referrals and repeat clients, but that pipeline seems to be drying up this year.

Not here to pitch anything — just genuinely looking to connect and swap notes with other lenders (or even investors) to see how you’re staying active and protected in today’s market.

Most Popular Reply

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Patrick Roberts
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Charleston, SC
585
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759
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Patrick Roberts
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Charleston, SC
Replied

The markets in both Louisiana and SC seem to have frozen in the past few months. Most deals just dont pencil and buyers have pulled back. 

Lots of saturation with lenders is compressing pricing, also. I've seen a lot of loans in the past six months that just do not make sense. 

  • Patrick Roberts
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Patrick Roberts - MLO - Assurance Financial
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