insurance company financing

[Matt B.]

I was just curious if anyone has had experience Directly contacting insurance companies to inquire about getting capital to finance an investment property? 

this, as opposed to going to a private money lender or hard money lender who is probably using an insurance company or other people to get the money

I've never really tried to myself, but in my mind, it makes more sense to go direct to the store, as opposed to going through a middleman

I'm not sure if this works or if they only work with banks and lenders. If it is a common practice, then I'm more curious about the terms and conditions that I could expect from a standard insurance company

Thanks

[Bo McMahon]

@Matt Bucklaew

This is possible to “go direct” but this is generally for large deals. The company I use to work for had relations with insurance companies and the ones we worked with typically wanted to place $25-500 million worth of debt at once. I have seen some companies doing smaller deals ($5-10 million) but those were bridge loans. Hope this helps.