Quote Originally Posted by smurf View Post
Hello everyone,

My partner and I finally decided to pull the trigger and setup a broker shop. I would greatly appreciate your advice and things to look out for.

We are trying to stay away from the backdooring lenders any of them you can suggest I stay away from?

Thank you so much
Do you have experience in the industry? Have you worked as a broker yourself? It sounds like maybe the answer is no because then you would already have an idea of funders that you like and don't like from those you have funded deals with in the past. This is going to be a very tough industry for you to navigate without at least someone on your team who has been around for a while. Or if you have an extremely large war chest and can spend your way into the all the right answers. Because make no mistake as a new shop especially you are heading into battle.