General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Building teams: the Lender-Title-Appraisal Connection
You read so much about building your team, and if you can get most of your team members to talk to each other without you having to be in the middle, then thing become really efficient. :o)
We are still on the very front end of investing essentially... but I want to understand- when you look at list of team members you need, the Title company, the Appraiser, and the Lender are always part of that list, obviously, among others. However... with our lender we currently worked with on our last purchase, the lender sent out the appraiser and the lender has a title company they work with... blah blah. Okay- so great... less I have to deal with. However... what is the benefit to finding your own appraiser and title company? What could they help me with directly, or what benefit can they be to me- that I'm not aware of? OR- is it simply easier to let the pre-established connections stay like they are.. because they all have their systems and ways of doing things?
(We are looking to acquire SFH buy and hold rentals, small MFH, and also flip to build capital until a market correction.. if that's helpful.)
Thanks all... feel free to paste in threads you know of as well... !