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Updated about 1 year ago on . Most recent reply

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32
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Max McQueen
6
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32
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Choosing the Right Bank for My Real Estate Investment LLC

Max McQueen
Posted

Hello BiggerPockets Community,

I'm kicking off the new year with an exciting venture: I've just established my own real estate investment LLC!

I'm currently exploring banking options that align well with this specific niche. The choices are overwhelming: should I opt for a local bank, a smaller institution, a major bank, or perhaps an online bank? My business strategy is geared towards scaling a large portfolio with a focus on buy-and-hold investments.

Any recommendations or advice from your experiences would be immensely appreciated. Thank you!

Most Popular Reply

User Stats

32
Posts
6
Votes
Max McQueen
6
Votes |
32
Posts
Max McQueen
Replied
Quote from @Charles Carillo:

@Max McQueen

I would start a banking relationship with an institution that also lends on my target properties. Call around and see who lends on the properties you want to purchase, and open an account there.


 You're the man Charles, thank you!

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