Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

19
Posts
8
Votes
Darryl Jennings
  • Rental Property Investor
  • Winthrop, MA
8
Votes |
19
Posts

what comes first the Lender or the offer?

Darryl Jennings
  • Rental Property Investor
  • Winthrop, MA
Posted

Is it customary to find a lender before making an offer on a deal? Or Finding and analyzing a deal, look for a lender who is willing to lend, and then offer?

Most Popular Reply

User Stats

439
Posts
359
Votes
Sarah Brown
  • Real Estate Agent
  • Nampa, ID
359
Votes |
439
Posts
Sarah Brown
  • Real Estate Agent
  • Nampa, ID
Replied

What kind of purchase are you making?  Lender before deal.  Offhand I can't think of a single benefit to negotiating the deal first.  Understanding your financing can:

1. Help you select deals the fit your needs/financing

2. Help you better negotiate to your situation

3. Prevent you from having to back out several days and a lot of time in because you didn't do your homework before.

Loading replies...