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Updated almost 6 years ago on . Most recent reply

User Stats

23
Posts
5
Votes
Louie Masters
  • Rental Property Investor
  • Fremont, NE
5
Votes |
23
Posts

Looking for rental property friendly banks in Nebraska.

Louie Masters
  • Rental Property Investor
  • Fremont, NE
Posted

Does anyone have any banking contacts in Nebraska that are rental property friendly? Most bank I contacted for my last deal wanted 20%. I was itching so bad to buy my last property that I just went traditional. The deal was 20% down with a 5.1 ARM at 5.25%. Not the best deal but it's cash flowing $2.75 a month for a single family home. Any contact advice would be appreciated. FICO score is not a problem at over 800. I'm tired of putting all my cash as a down payment. Any suggestions?

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