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Updated over 6 years ago on . Most recent reply

Eric Telese's profile image
Eric Telese's profile image
Eric Telese
  • Rental Property Investor
  • from Glen Cove, NY
  • Member since Nov 11, 2016
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Eric Telese's profile image
Eric Telese's profile image
Eric Telese
  • Rental Property Investor
  • from Glen Cove, NY
  • Member since Nov 11, 2016
Connect
Eric Telese
  • Rental Property Investor
  • Glen Cove, NY
25
Votes |
109
Posts
Buying & Selling Real Estate

Does conventional lender need to be in same state of property?

Eric Telese
  • Rental Property Investor
  • Glen Cove, NY
Posted

Hi all. 

I am looking at purchasing out of state rental properties. I live in NY and want to invest in Georgia. 

1- Can I use conventional lenders in my area? Or do I have to go to banks in the area I am investing? 

2- Will I be able to secure conventional financing for a rental property?

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