Smarter to lend on multiple properties with 1 rehabber, or 1 property with multiple rehabbers?

[Taylor Green]

Hi,

Do you think it is better for a private lender to lend on multiple properties with 1 fix n' flipper or to lend on 1 property with a few different fix n' flippers?

I would think the benefit to lending to multiple people would be that it minimizes risk in case something goes wrong with one of the flippers.

However, if you developed a solid relationship with a borrower and they have proven themselves to you many times in a row, would you put "all your eggs in one basket?"

I'm sure it would be nice to not always have to qualify a new borrower for each property, but I was wondering what experienced lenders opinions are on this topic...

Thanks.