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Updated over 4 years ago,
Finding the Right Broker
I am at the point of my real estate where I am about to apply for my first loan for an investment property. Either an SFR or a duplex with a partner that has a few properties and the financial backing. As I start going around from broker to broker as they get recommened to me what should I be looking for.
For context my partner and I are looking to use the property right away as a rental. I am aware its is a 15-25% down for the loan.
I know that My goal is to grow to 10+ investment properties of the same caliber. Are there certain questions I should be asking? Are there certain banks or lenders I should be focusing on? Is it true that if I get multiple brokers for pre approval within a certain time that it's only considered 1 credit hit?
Any and all advice is helpful. Thank you!