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Updated almost 10 years ago on . Most recent reply

Becky Wolfe's profile image
Becky Wolfe's profile image
Becky Wolfe
  • from Canton, Ohio
  • Member since Feb 22, 2015
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Becky Wolfe's profile image
Becky Wolfe's profile image
Becky Wolfe
  • from Canton, Ohio
  • Member since Feb 22, 2015
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Becky Wolfe
  • Canton, OH
2
Votes |
10
Posts
Private Lending & Conventional Mortgage Advice

First time using a private investor

Becky Wolfe
  • Canton, OH
Posted

We are thinking about using a private investor for the first time.  Words of advice?

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Rick Pozos's profile image
Rick Pozos's profile image
Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • from San Antonio, TX
  • Member since Nov 3, 2014
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Rick Pozos's profile image
Rick Pozos's profile image
Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • from San Antonio, TX
  • Member since Nov 3, 2014
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
2,493
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
Replied

Get to know the person. Talk with him/her about your plans, your thoughts, your ideas. Make sure yours and his/hers are lined up. Talk about all of the what-ifs. Just know who you are dealing with and let them know also. Any uncertainties should be discussed. If you are not comfortable with the person, dont do it.

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