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Updated almost 4 years ago on . Most recent reply

Tom Camarda's profile image
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Tom Camarda
  • Investor
  • from Los Angeles, CA
  • Member since Jan 31, 2015
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Tom Camarda's profile image
Tom Camarda's profile image
Tom Camarda
  • Investor
  • from Los Angeles, CA
  • Member since Jan 31, 2015
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Tom Camarda
  • Investor
  • Los Angeles, CA
21
Votes |
85
Posts
Buying & Selling Real Estate

Any California investors buying in Texas?

Tom Camarda
  • Investor
  • Los Angeles, CA
Posted

If so, Where did you incorporate? Where are you banking? Are you getting portfolio loans in CA or in TX? 

I'm looking to set up a Corp., hold 5 (TX) properties and then do a portfolio loan on these and keep buying more. If I incorporate in CA, will a California bank do a portfolio loan on Texas properties? If I Inc. In TX, will a Texas bank do loans  for a CA resident? 

You see my dilemma?

Thanks,

Tom

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Tamara Elliott-Deering's profile image
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Tamara Elliott-Deering
  • Real Estate Agent
  • from Cedar Creek, Texas
  • Member since Dec 11, 2010
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Tamara Elliott-Deering's profile image
Tamara Elliott-Deering's profile image
Tamara Elliott-Deering
  • Real Estate Agent
  • from Cedar Creek, Texas
  • Member since Dec 11, 2010
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Tamara Elliott-Deering
  • Real Estate Agent
  • Cedar Creek, TX
63
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Tamara Elliott-Deering
  • Real Estate Agent
  • Cedar Creek, TX
Replied

I believe so or you could go with one of the big guys like wells fargo

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