When to secure funding

[Bruce M.]

Good morning all. I have a ton of ideas for my community from a real estate perspective. I see several opportunities for flipping as well as holding multi-use properties. The part that puzzles me is, do I enter a sale agreement then seek financing or do I try to get pre-approval prior to entering an AOS. One of the reasons I'm asking is because I'm doing number crunches for several properties and I submit the proposals to a community bank and the correspondence can sometimes be so slow that the property goes from "available" to "pending" in the interim.