What comes first the deal or the financing?
Currently constructing a deal and going to look at a property next week.
A bit nervous if everything works out well And my offer is accepted that I will not have the financing/investor ready to fund the deal.
So do most of you get the financing/investor on board before you make an offer or do you make the offer and find the investor/financing afterwards??
Thanks!
Most Popular Reply
If you are planning to use commercial financing you should talk to lenders and fill out personal financial statements and see if they are interested in working with you if you find a deal that meets their requirements.
If you are doing a small multi or sfr with residential investment financing you should be able to get "pre-approved" for some dollar amount.