Real Estate Rookie

Rookie Reply: What’s The Best Way to Find a Lender?

av Real Estate Rookie | Publicerades 3/20/2021

This week’s question comes from Kaylee on the Real Estate Rookie Facebook Group. Kaylee is asking: When looking for a lender (specifically 203k) what is the best most effective way to find them? Do I need to find someone local? Am I overcomplicating? Whether it’s a 203k loan, or any other loan, having a consistent and quality lender is incredibly important when building up your real estate portfolio. Ashley and Tony have both used a handful of lenders to fund their different types of deals. Here are some suggestions:Start with local lenders, especially ones you have relationships with alreadyCall or email all the banks in your area or the area you’re looking to buy inTell loan officers your plan, they may have a loan that fits exactly what you needEven if a loan officer doesn’t have the right type of loan for you, keep up the relationship!Get referrals from other investors in your areaAnd More!If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE). Links from the ShowBiggerPockets CalculatorBiggerPockets ForumsCheck the full show notes here:

Om Podcasten

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.