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Updated almost 10 years ago on . Most recent reply

User Stats

33
Posts
7
Votes
Todd M.
  • Real Estate Investor
  • Minneapolis, MN
7
Votes |
33
Posts

Minnesota bank recommendation for portfolio loans

Todd M.
  • Real Estate Investor
  • Minneapolis, MN
Posted

I have 4 traditional mortgages and looking buy another multi-family or commercial investment property.  I believe I need to find a bank that provides portfolio loans, right?  Or smaller banks which hold the loan.

Any recommendations for banks in Minnesota... in or near Minneapolis?

I have over 5 years REI experience. It sounds good to work with a local banker and consider the investment itself rather than a deep dive of my debt to income. I understand I can hope for up to 70% LTV.

Thanks in advance,

Todd

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