Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

163
Posts
57
Votes
Steven Barr
  • Atlanta, GA
57
Votes |
163
Posts

How do I go about finding a "portfolio lender" bank in my area?

Steven Barr
  • Atlanta, GA
Posted

From my understanding, there are banks that will provide "in-house mortgages" that will offer rehab loans. These loans will roll the costs of the rehab into the loan, allowing you to cover the entire cost of the rehab through the loan, with a down payment based on the full amount. 

**I am not referring to hard money, as I know they offer this type of financing as well

Also, not sure if this matters for reference, but I am based out of Atlanta

Thanks BP!

Most Popular Reply

User Stats

468
Posts
579
Votes
Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
579
Votes |
468
Posts
Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
Replied

Hey Steven. You will likely need to call around to a few banks to find someone who can help you out. Networking with investors at local meet up events might be a good option to see if someone can point you in the right direction!

  • Jack Tulloch
  • [email protected]
  • Loading replies...