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Updated almost 8 years ago,

Matthew B.'s profile image
Matthew B.'s profile image
Matthew B.
  • Investor
  • from Howey in the Hills, FL
  • Member since Sep 10, 2013
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User Stats

376
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114
Votes
Matthew B.'s profile image
Matthew B.'s profile image
Matthew B.
  • Investor
  • from Howey in the Hills, FL
  • Member since Sep 10, 2013
Connect
Matthew B.
  • Investor
  • Howey in the Hills, FL
114
Votes |
376
Posts
Mortgage Brokers & Lenders

Do Small Banks/Portfolio Lenders Lend Across State Lines?

Matthew B.
  • Investor
  • Howey in the Hills, FL
Posted

In other words, if I can't find a small bank to work with me in my area, should I start calling banks in different states?

I'm having a really hard time finding anyone who will lend on investment properties owned by LLC's. Also, everyone says it has to season for 12 months before lending on appraised value. I'm looking for more like 6.

Trying to get my piece of this mythical BRRRR strategy...

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