Crelookup.com’s Post

Do you want to become a private lender, but want to avoid common pitfalls? 🤔 Here are 4 tips to consider when entering the game: Over-leveraging in a single deal, thoroughly vet the borrower, don't skip due diligence on the property, and always have a clear contract and terms. 📝 #PrivateLender #DueDiligence #ContractAndTerms 🤝

Whether residential or commercial, lenders must communicate openly about progress and any pending issues. When lenders remain silent or cite "it's still in underwriting," it can be a warning sign. Stay vigilant when dealing with such lenders. #centannilaw #ListenToLarry #realestatetips

Make sure you vet your lender (and their promises). #hardmoney #hardmoneylender #realestateinvesting101 #brrrrstrategy

What are your borrowers thinking? What do they want to make you their preferred lender? Brandon Cobb joins Mark Ritter today to talk about what it is like to be a borrower and what credit unions can do to make real estate investors long-term and happy members. https://lnkd.in/gUWF6NTq

Great insight from commercial loan borrower Brandon Cobb on his perspective in the loan process. Wonderful episode to share with your staff!

In our latest blog, we explore due diligence and good practice for both lenders and borrowers when making a loan agreement: https://ow.ly/gOKv50TsXMN #propertyfinance #PropertyDevelopment #PropertyLoan #realestate

Helpful tip! The first step to avoid foreclosure is to ensure that you find the best loan option for your financial situation. Your Loan Officer is your trusted advisor to ensure you have a loan you can afford! https://lnkd.in/gu5qGzfc #HomeBuyerEducation #MortgageTerms #NOVAHomeLoans

Here's what Signing Agents need to know about rescission periods and rescission dates for loan signings in the upcoming year. https://bit.ly/3B2Klvt

Ever had multiple lenders turn you down for a real estate deal? Chances are, it's not a deal. Remember, lenders profit from loaning money. So if they're saying no, it's time to reassess. Stay open-minded and listen to the signs! #RealEstateAdvice #InvestmentTips #PropertyDeals #FinanceInsights #LenderWisdom

For all your lenders, brokers and LOs out there still surviving, or even thriving, what's been working for you during that last 2 years to outrun this tough market?