Questions for lender and agent

[Gabriel Santin]

Hello BP friends,

I am beginning the process of vetting lenders and real estate agents to help me purchase my first house hack. I am wondering if it matters whether the lender is a portfolio lender or not for a house hack? Furthermore, if there are any other questions for lenders and/or realtors you can think of that would be useful during this process please respond with them it'd be greatly appreciated as always! Thank you

[Ryan Thomson]

Most Realtors will claim to be “investor friendly”. But how do you know for sure? And how can you make sure they are actually the best person to guide you through the process of buying your real estate investment?

Here are some tips for finding the right investor-friendly realtor for you:

1. Go to investor meetups: Attend investor meetups and networking events in your area. These events are a great way to meet other investors and real estate professionals who can provide valuable insights and connections.

2. Ask about their own investments: Ask the realtor about their own investments and experience with investing in real estate. This can give you a sense of whether they have the knowledge and expertise to help you achieve your investment goals. If they do not have experience doing what you are trying to do ask them, “Why they think they arestill the best realtor for the job?”

3. Look for a realtor who is familiar with your market: It is important to find a realtor who is familiar with the local market and has experience working with investors. They should be able to provide valuable insights about local trends, property values, zoning, and rental demand.

4. Consider their communication style: As with any professional relationship, it is important to find a realtor who communicates well and is responsive to your needs. Look for a realtor who is a good listener, who is able to explain things clearly, and who is available to answer your questions.

5. Don’t be afraid to shop around: It is important to take the time to find a realtor who you feel confident in and who you believe will be able to help you achieve your goals. Don’t be afraid to shop around and interview multiple realtors until you find the right fit.