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Updated about 2 years ago,

User Stats

162
Posts
57
Votes
Steven Barr
  • Atlanta, GA
57
Votes |
162
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!

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