Find a Deal 1st or Investor 1st?

[Eric van Dalen]

Hey guys, I've done lots of foundational work. I've found my market area, a couple agents, I'm analyzing deals and finding contractors.

It almost seems like I should get funding in place before I make an offer. True? So I've been calling HMLs trying to find one that meets my criteria.

Am I wise to get funding in place first?

I don't want to spin my wheels calling HMLs if I should be getting an offer together instead.

[Cassi Justiz]

You are on the right track. A lot of HML won't give you a full go ahead on funding until you have a deal wrapped up and they can evaluate it. But if you can get those relationships established and know what their criteria is you are in a much better position once a deal does come up. It's a lot harder to start establishing relationships once you are in a time crunch.