As a private lender, we work with many investors who have already put in an offer on a property and are now waiting to secure financing. Although this works in some cases, we always recommend coming to us first and getting pre-approved.
Working with a private lender before you start shopping for investment properties is the way to go for many reasons. First and foremost, talking to us about your lending options before you peruse listings can give you a better idea of what kind of lending limits exists and the different loan options available to you. This will help you feel more confident and comfortable putting in offers once it’s time to start looking at properties.
Secondly, you don’t want to run the risk of putting in an offer on a property and not having the financing to back it up. This can delay your investment timeline and, depending on your situation, make it harder for you to reach your goals as an investor.
For both of these reasons and others, the smart thing to do is complete the preapproval process with us. We make it quick and easy to complete this process, and we don’t even need your Social Security card.
As a private lender, we offer tons of different loan options and types and are here to answer any questions you have about financing your next investment. Contact us today to speak with a member of our lending team or to get the preapproval process going.