Delaware Presentation - Your Lender Is A Tool
Hopefully you don't think your lender is actually a tool in the slang meaning. Good private lenders will end up being a second opinion or backboard for borrowers. When your lender is the underwriter and declines a deal, it is usually not because he/she doesn't want to do a deal with you. It is usually because they see a red flag on the project that you overlooked. The lender is not always right, but it is good to take in any piece of information you can on a deal to make sure you dot your I's and cross your T's.
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