IE they have warehouse lines with either investment houses in New York or large banks and as such there are underlying rules for them to follow.PML or HML who has private investors in their fund or brokers for them will have a different set of underwriting rules that maybe tougher or easier depends on the company.you meet individual lenders private folks who do not advertise or hold themselves out as a lender at REIA meetings and networking.When i used to speak at these events first thing I would do is ask the audience who if the room is a private lender usually half the audience raised their hands..

Thank you for this post its most interesting and if this is country wide then your looking I think at the same thing that brought down the US lending / RE market in 08  Neg am.. loans and folks that all of a sudden could not afford the adjustable rates.

Hi Folks!

Hi Folks! 

There are a lot of knowledgeable folks on here!

The reality is takes a lot of dials to reach folks, even where you have an abundance of phone numbers. 

It’s been a great tool for us for a decade plus the networking with local folks.

Please put your Walk-Through list down, and then ask folks to make suggestions.  

Hello BP folks! 

Most issue I feel is lack of contractor so you may want to import your folks to work in there.