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real estate finance: Locked Up in a Broker Daisy Chain - 04/22/08 05:59 PM
What is a Daisy Chain? I field phone calls from commercial loan brokers all day long discussing the different loan scenarios that come across their desks. Our company advertises in the Scotsman Guide and this generates some “cold” incoming calls.
Frequently, we will get a phone call from a Broker A that received a loan file from Broker B. Broker B received the file from Broker C who received it from Broker D who knows the borrower. This is what we call a broker “daisy chain”.
Merriam-Webster defines a “daisy chain” as “1) a string of daisies with stems linked … (3 comments)

 
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Peter Maclennan - Investment Real Estate

Walnut Creek, CA

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Maclennan Investment Group, Inc.

Address: PO Box 2564, Walnut Creek, CA, 94595

Office Phone: (925) 385-8798

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Peter Pays Paul - Commercial Hard Money Lending



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