Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago,
Lenders won't even meet with us because we're newbies
A friend and I are looking to do some investing in single family homes - involves rehab or new construction.
I've spoken to a few bank lenders, once they know we have little to no experience, it ends there. They're not interested to even consider lending, or in most cases even meeting. One wanted to refer us to "hard lenders" and basically said come back when you have a few projects under your belt.
What should we do?