Is "We Lend" reputable?
Hi folks. I put an ad on BP looking for alternative financing and was contacted by Todd Catronio of "We Lend" who are billed as 'hard money' lenders. He seems very knowledgeable and has been very generous in sharing his expertise in evaluating a potential deal. As we near the the moment when its "make an offer on the property" time, I need to also make the call about whether to do business with some random dude I met on the internet; especially as I will be giving him personal financial and identity information to do credit checks etc.
My question (s):
Has anyone done business with Todd or "We Lend?"
Can you vouch for them?
If you havent done business with them, can you suggest some steps I may take to vett him/them?
What should I be careful about/ leery of?
Thank you for your consideration and time.
:-]
Hello everyone!
I posted an ad searching for a way to finance and Todd Catronio reached out and offered his help. Todd is a wealth of knowledge and goes above and beyond to keep me posted at all times. Truly thankful for the bigger pockets forum putting us in contact.
If you haven't already you should definitely do a keyword search here and on Google. I've met plenty of reputable lenders on here so I wouldn't be extra suspicious especially if he responded to your ad and didn't just pop up out of nowhere.
Hello. Did you end up using "We Lend"? I'm considering them and wanted some insight into their process and how your experience went.
@Jean-Paul E. Gagnon
Although I haven’t used them, I’ve considered working with them. I follow them on social media and have spoken to them a few times about a deal prior to the pandemic. They are actually still lending at this time. I’m curious to know someone’s experience with them.
I'm in the same shoes. I'm looking at a property today. And I'm about to throw a offer on it. But I would like to know what any1 else used them. I have been messaging a person by the name of Ruben Izglov
- Real Estate Broker
- Lake Oswego OR Summerlin, NV
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Originally posted by @Michael Thanh Nguyen:I'm in the same shoes. I'm looking at a property today. And I'm about to throw a offer on it. But I would like to know what any1 else used them. I have been messaging a person by the name of Ruben Izglov
just cruised by their website and they say they lend nationwide with the exception of 7 states.
however on 1 to 4 unit properties there are states that require License and NMLS registration.. Oregon being one. And the license must be on the first page of their website which they dont display one so I have a feeling they either dont know they need a license or they simply dont loan in the 12 states that require licenses.. just a small item.. they have AAPL which is a paid for endorsement that means nothing.
Worked with them, and closed deals with them in the past. Reputable firm, based in NY.
thank you guys and gals. what is the best number to reach them directly. or best number for ruben directly?
Quote from @Eitan Rozenberg:
Worked with them, and closed deals with them in the past. Reputable firm, based in NY.
Thank you for trusting us, Eitan!
-
Lender
- We Lend
- 212-257-3888
- http://WeLendLLC.com
- [email protected]
Quote from @Michael Thanh Nguyen:
thank you guys and gals. what is the best number to reach them directly. or best number for ruben directly?
Hey Michael, sorry not on BP much, you can reach me directly at 212-257-3888 or you can reach my office at 212-777-7780.
-
Lender
- We Lend
- 212-257-3888
- http://WeLendLLC.com
- [email protected]