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Updated about 5 years ago on . Most recent reply

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Francis Rusnak
  • Flipper/Rehabber
  • Chicago, IL
38
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123
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Can you make buyers use your lender?

Francis Rusnak
  • Flipper/Rehabber
  • Chicago, IL
Posted

Do any flippers require buyers to use their lender?

I know it happens more on new builds, but thinking this could reduce a lot of wasted time since all lenders are not created equal.

If so, what type of resistance have you ran into, or any suggestions? 

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,510
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

You Can make them get preapproval through your lender, if they agree, but they can still choose their own lender. 

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