Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply
![Patrick Kane's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/388646/1621448425-avatar-patrickk21.jpg?twic=v1/output=image/cover=128x128&v=2)
First time meeting with a lender for REI
Meeting with my first lender tomorrow to get pre-approved. Anything to keep in mind when sitting down with these people? Things to say, things not to say, questions to ask? Obviously, I am most concerned with rate, term, and LTV, but i dont want to overlook something early on. Conversely, is now the time to discuss future plans for growth with this lender, or keep your mouth shut and be conservative? The phone conversations ive had with the office were great--as they should be, my wife and i have a fair amount in the bank with great credit and DTI--but i dont want to be blindsided with a series of unexpected questions during the face to face. Im pretty strong on the deal analysis and renovation side of REI, but green as grass when it comes to financing. Interested in others' experiences with lenders on their first investment loan.