Many Real estate professionals fail to understand how to assist with the financial structure of a transaction. Keep in mind that any lender needs to minimize their risk in the deal, so whether it is a traditional loan or hard money, the agent needs to assist the Client and the lender in the transaction.

All lenders make loans based upon the risk they are willing to expose themselves to. Credit, income (yours and/or the property itself) and the physical value of the property are some of the factors in residential lending.

The agent is the middle man that assists in the appropriate orchestration of a successful transaction by understanding conditional requirements, property value, and various other factors.

Another mistake most buyers make is that they look for deals first and then try to find financing. They find what they THINK is a good deal, then later get turned down by a lender because the deal really doesn't make sense financially. So many of these transactions that fail ultimately is caused more by the real estate professional just taking instructions from their inexperienced Client or not understanding the process themselves.

Learn how to pave a pathway away from frustration and avoid the problem with you working hard and getting very few deals done.

Understanding your lender's requirements first based on the loans the Buyer is qualified for is first, then go out and find the deals that fit.

Always make sure that the numbers work and that you account for all contingencies when you are running your numbers.

You'll have much better success if you know upfront what deals the Buyers lender will finance and under what conditions.

Be sure to attend the accredited "Financing Workshop" so you will be at the top of your financial game.