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Joyce Ann Magallanes
  • Lender
  • NY
16
Votes |
445
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Private Lending Isn't A Backup Plan, It's Often The Better One

Joyce Ann Magallanes
  • Lender
  • NY
Posted

Newer investors sometimes treat private lending like a fallback option, something you use when a bank says no. In practice a lot of experienced investors go straight to private lending on purpose.

The reason is simple. Private lending is built around the deal itself, the property's numbers, the exit strategy, and speed, which matters a lot when you're competing for a property.

As a private lender, that's the whole approach on our end, underwriting the deal instead of a stack of tax returns.

Anyone here start with private lending from the beginning instead of trying banks first? Curious how that went.

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