All Forum Posts by: Mike Grudzien

 Private lender relationships really boil down to knowing what to provide and doing it in a timely manner and having conversations to understand the guidelines. 

Having your personal financial statement, statement of real estate owned, an application and financial information handy goes a very long way. Just reaching out to a lender saying "what types of loans you offer is like going to a shoe store asking for what types of shoes they have".

Start with I am purchasing a $300k property located at XYZ main St in AAA, SC. We want to make it a STR, we have X to put down and we anticipate it having annual rent of X and annual expenses of Y.