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.
Buying & Selling Real Estate
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 6 years ago on . Most recent reply

User Stats

7
Posts
5
Votes
Cody Johnson-Winsett
  • Hillsboro, TX
5
Votes |
7
Posts

I have a deal. Now how do I get funding.

Cody Johnson-Winsett
  • Hillsboro, TX
Posted

Hey BP I am very happy to talk with you all again. Over the past months I have been gaining as much knowledge as I can to better equip myself for the coming year when I will truly start my "wild adventure in the Jungle that is Real Estate". In search for this knowledge I have talked to many, many investors and even local lenders, I have learned to analyze deals and run my own numbers for my end of the deal, but what about the funding end? Of course I assume that a lender will be looking for some of the same things that I would, but the also be looking for other specifics that would over their own hide. What are some of these specifics a lender might look for in a deal? What are the obvious make or breaks to any deal? What I really need to work on, being a first timer, is the structure of my deals so that they would appeal to lenders so that they may over look my inexperience. So BP, how do I need to present my deals for a lender to take that leap of faith because I understand a lender will have more fear for my own failure even when I do not.

Loading replies...