E21: What 800 Deals Taught This Lender About Borrowers
About this episode
The episode discusses the importance of early communication with lenders for real estate investors to avoid costly mistakes.
In this episode of The Deal Vault, Greg, Nate, and Sarah tackle a question that trips up a lot of new investors: when should you actually start talking to a lender? Nate breaks down why approaching financing too late in the process, after you've already found a property and think you're ready to make an offer, is one of the most common and costly mistakes he sees, since it often means learning a critical detail about your financing too late to act on it. The conversation covers the real order of operations for a deal: starting the financing conversation early, even when you're just casually looking, so a lender can help you understand what your budget can actually support. Nate uses concrete examples, including a Baltimore appraisal issue that quietly increased down payment requirements across an entire market, to show how a trusted lending partner catches problems you'd never see coming on your own. They also dig into a subtler trust issue: why some investors hide how much liquidity they actually have, and why that hesitation usually works against them rather than protecting them. You'll Learn How To: Time your first conversation with a lender before you're emotionally attached…
More episodes of The Deal Vault
- E25: Why Accountability Feels Like an Attack to Your Team
- E24: The Financing Trap Hiding in 5+ Unit Deals
- E23: Why We Use Our Own Loan Programs to Buy Rentals
- E22: Why We Paused Buying Rentals This Year (And What We're Doing Instead)
- E20: The 6 Month Rule That Trips Up Vacant Property Refinances with Dylan Massey
- E19: What a Rehab Can Teach Your Kids About Money
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