What do you as a "Private Lender" look for in a borrower?
2 Replies
Luke Teson
Investor from O Fallon, MO
posted about 1 year ago
We are entertaining the idea of opening up a debt fund, and creating an offering for capital partners. My partner has experience as a tax credit syndication attorney, and we both have a lot of experience with underwriting deals. For those of you who lend, what would give you an appetite to invest in a fund that primarily would be to acquire single family and small multifamily?
Derek Dombeck
Lender from Eland, WI
replied about 1 year ago
We have a fund now for Bedt REI Funding and these are the questions that come up the most.
Derek Dombeck
Lender from Eland, WI
replied about 1 year ago
Security is always our highest concern. At what percentage is the loan to value? How and when will I get my money back?
We have a fund now for Best REI Funding and these are the questions that come up the most.