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Updated 10 months ago on . Most recent reply
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Which should I do first?
I’m looking to get private money lending to purchase a property and I do have ones who may help but nothing is etched in stone yet. Should I secure a PML first before I try to get a property or should I go ahead and find a property and get it under contract then see if my PML prospects will lend?
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Quote from @Anietra Knox:
I’m looking to get private money lending to purchase a property and I do have ones who may help but nothing is etched in stone yet. Should I secure a PML first before I try to get a property or should I go ahead and find a property and get it under contract then see if my PML prospects will lend?
If you’re looking for a true PML, you may want to work those relationships first so that you can move quickly once the right property comes along. Just my two cents, not to say you cannot succeed the other way around too!