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Updated over 1 year ago,
List of questions for an investor to ask a lender?
Hi all,
I'm a small-time real estate investor (4 properties, 8 units to-date) looking for a solid lender to build a relationship with.
Currently, I'm only looking at conventional lenders (trying to get up to the ten investment properties that Fannie/Freddie allow me to have).
I'm trying to come up with a list of good questions to ask, but would love to leverage the knowledge of the BP community. I've listed a few "obvious" questions below, but feel free to add anything you might believe to be helpful!!
1. Rates
2. Closing costs
3. Time to Close
4. Minimum Loan Amount