Why real estate investors are done waiting

Picture this: a real estate investor has spent months trying to source the perfect fix and flip deal. The numbers work, the timing is right, and they're ready to move, now they just need a lender to take them across the finish line. They find a lender offering slightly lower rates, which is appealing on the surface, but the closing time is 30 days. By then the deal will be snapped up by another investor. Then they find a lender with slightly higher rates, who can close in 6 days and hand over same-day pre-approval. It's an easy choice. The investor goes with the faster lender to guarantee the deal.