Updated about 4 years ago on .
Understanding how to finance your deal & work with a lender
Hi BP Family,
I understand that many newbies and even some experienced investors are not really sure how to start working with a lender, have a clear understanding of the multiple ways you can finance your deals, or know how to obtain "funding" partnerships.
After speaking to many investors we are seeing this pattern of investors being unsure of how to even start initially approaching a lender.
To start, I think it would be great for lenders to get the answers to this information.
| How to determine/set your goals as a borrower- if you have goals in place, a lender will have a clearer picture on defining terms and a strategy for you to scale your investing career. |
| How to initially prepare to work with a lender - before you even have a deal on the table, when you pick up the phone, what should you be prepared to say. |
| Questions lenders ask new potential clients - These are vetting questions lenders will ask to figure out the terms for their prospective clients loan. |
| How to Vet a Lender - these are questions you should be asking lenders to vet them to make sure it will be a fruitful relationship |
| How to build a long-term relationship with a lender - You want to grow your investing business, therefore you need someone to join you on the ride. Investing is a long term game. |
Above are topics that we are looking to provide the bp family information on, but we would love to hear from all of you, specifically:
1. What are you unsure about (Besides where to start)?
2. Is this a good direction and do you feel that haveing this information will start you on your investing path?
All questions and comments are welcome!