about what the challenge may be and work toward putting a plan in place that works for both parties. This not only shows that you can be objective and pragmatic about your real estate business, but that you can also be trusted to not hide pertinent infor- mation that can change the trajec- tory of a project’s progress – or your loan paid back on time. MANAGE EXPECTATIONS This goes hand-in-hand with open communication. The more honest you are about your finances, your goals, and your long-term plans, the better chance you have of hitting it off with a lender who understands your vision and is willing to work with you to make it happen. This, in turn, helps manage both parties’ expectations. OFFER REFERRALS You probably know other investors who are looking for their own lender to fund an upcoming real estate project. If you are happy with your

One way of developing the trust in your professional relationship is by being open about the bad as often as you are about the good.

investor-lender relationship, the work the lender has put in, and your plans for your investment business, make some introductions. Nothing says ‘thank you’ more than bringing someone more potential business. If you are new to real estate invest- ing – or haven’t quite dipped your feet into it yet – now is the time to explore why it’s important to develop a rela- tionship with your lender. A relation- ship that can be hard won but easily lost, an investor-lender relationship is one that can make or break your success as a real estate investor. Doing your due diligence to find a reputable lender in the real estate industry is the first step to creating

a symbiotic relationship both parties can benefit from. If you are ready to discuss your lending needs, contact Temple View Capital today. •

Grace Soueidan is Chief Lending Officer at Temple View Capital. Temple View Capital is a national private portfolio lender that offers flexible financing for investors in residential real estate. Founded by entrepreneurs with more than 20 years of residential mortgage and real estate investment experience, Temple View has been at the forefront of innovative product development since its inception. Utilizing a common sense underwriting approach, deep commitment to customer service and a well-capitalized balance sheet, Temple View enables real estate investors, correspondent lenders and brokers nationwide to optimize financing efficiency on real estate investment projects and rental properties.

thinkrealty . com | 15

Made with FlippingBook Online newsletter