another ? on lenders - Posted by Ed

Posted by Ed Garcia on December 28, 1998 at 10:53:19:


There are times when we have to put some thought into our questions.
This is one of those times, the answer is in the question.

Financing is a very important part of purchasing property.
If you contact your lenders or brokers now, you can learn the criteria
of how they make their loans. This will enable you to know how to
structure your deals that require financing.

It also will give you an opportunity to build your network needed to do
deals, as well as to know what is required of you to qualify for a loan.

In all fairness it is a chicken or the egg question. So you can?t make a
mistake, just go do it.

Ed Garcia

another ? on lenders - Posted by Ed

Posted by Ed on December 28, 1998 at 01:56:08:

You have all given me good advice so far…and I need more.

how should I go about contacting a lender? By mail…phone?
Do I find a property FIRST or talk to a lender and goto the property 2nd?( with a pre-approved amount)

Please help!
Thank you in advance…Ed