Meeting critical dates is the key to nailing a successful closing.

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

Send me a message if you would like a copy of our7 CRITICAL STEPS TO PREVENT A TENANT NIGHTMARE BEFORE HANDING OVER THE KEYS

This was critical for me since I wanted the code generation for the guests to be fully automated.

Transparency, regular communication, and clear milestones have been critical to making this successful.For those of you who are considering working with private lenders or want to improve your deal structure, I hope this gives you some food for thought.

You're correct that getting every detail involved right from the start is critical!

This is a pretty critical difference.  

Not here to provide an  endorsement or be critical of the lenders on this list but volume is not by any means an indicator I would rely upon when selecting my banking relationships.

Being competitive is obviously important, but I think those 3 factors are the most critical. 

Since you’re assuming this debt as part of the purchase, understanding the exact amount is critical.