Lender trying to find more brokers…
I am a lender out of the NYC market try to expand my base with brokers, and it I feel like I’ve hit a wall. Idk, maybe it’s the time in the market but I’m struggling to find brokers that are reliable and actually have quality deals to present. I’m at a Bank so the properties need to be preforming satisfactorily. Just curious to see if anyone has any advice on how to expand my base. Most loans originated are $10MM+ and will lend on properties all over the country…..
What’s your check size and maximum?
10-40mm is the ideal range with most current deals falling between 20-30. Total max is $70-80mm but it has to be the “right” one. Will lend below $10mm but it has to be the right client or start of a relationship
Dm me
LinkedIn. 20% of the brokers do 80% of the business. So what you’re saying makes sense. You just need to keep digging and getting out there. Go to local conferences and get your name out there. Shake hands.
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