Getting Both Right: The “Horse” And the “Jockey”

By |2024-01-29T09:32:05-06:00February 7th, 2023|Fundamentals|0 Comments

Use these tools for valuing a property and vetting your borrower. When private lenders get together, they may find themselves engaging in a discussion about which is more important for winning a race— the “horse” or the “jockey.” It goes something like this: When you underwrite a loan, do you rely more on the merits [...]