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47
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8
Votes
Greg Lovern
8
Votes |
47
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Buyer's agents & loan brokers with investment real estate experience

Greg Lovern
Posted

I've been working with a buyer's agent for many years with several transactions, mostly not investment related. I'm working with a loan broker they recommended. For rental real estate purchases, should I be working with a buyer's agent with a strong background in investment real estate? What about the loan broker?

User Stats

35
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12
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Yanina Panfilenka
  • Real Estate Agent
  • Seattle, WA
12
Votes |
35
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Yanina Panfilenka
  • Real Estate Agent
  • Seattle, WA
Replied
Quote from @Greg Lovern:

I've been working with a buyer's agent for many years with several transactions, mostly not investment related. I'm working with a loan broker they recommended. For rental real estate purchases, should I be working with a buyer's agent with a strong background in investment real estate? What about the loan broker?


 At some point after quite some learning and studying I figured out that I do the most of the work and the best person to serve myself. My agent helped a lot when I was just a regular buyer but could hardly grasp the concepts or details/numbers in investing. And then I got my real estate license in WA.
So, if you want to get more efficient in your time spending in expanding your portfolio, I'd say go with an agent who will bring you the most value and safe your time.
As for the loan broker, it won't matter much up until you need you use DSCR loan to fund a property. Having established relationship will help to get better rates too.