![\"\"](\"https:\/\/myprivatelender.com\/wp-content\/uploads\/2018\/06\/DSC00590er-277x300.jpg\")
<\/p>\nSo, you have THAT file, need help, have gone everywhere, got turned down.
\nOnly one direction to go; private. Investors, interested to lend out their own capital and
\nor their RRSP are seasoned individuals, some novice but all of them want to see their return
\nin the double digit, adjusted to the degree of the risk they are taking. Some go higher in LTV,
\nsome stays low, depending on the location and property strength, besides clients covenants.<\/p>\n
<\/p>\n
One thing in common, make sure they understand the deal. When you submit a deal, make
\nsure you send a synopsis explaining the reason for the request, how will funding will help
\nthe client’s situation. Provide proof of serviceability, make sure show the investor, the
\nclient can afford the monthly payments, one or another way. Last, but not least, an exit
\nstrategy will provide a vision for your lender to see you have a plan. Throwing a deal at
\nthe wall to see if it sticks will not help you establish a good relationship with a private
\nlender, your deal will be turned down and or at least will go to the bottom of the pile.
\nTake it from me, private lender Zoli Padar. More good pointers next time…<\/p>\n","protected":false},"excerpt":{"rendered":"
So, you have THAT file, …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[8,7,1],"tags":[10,12,13,9,11],"yoast_head":"\n