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Updated over 1 year ago on . Most recent reply

Brent Horst's profile image
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Brent Horst
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  • Member since Feb 12, 2020
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Brent Horst's profile image
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Brent Horst
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  • Member since Feb 12, 2020
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Brent Horst
  • Contractor
2
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9
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Private Lending & Conventional Mortgage Advice

Bank specializing in real estate

Brent Horst
  • Contractor
Posted

Looking for a bank in missouri Specializing in real estate. Our local banks don't like to lend on the real estate more than an hour away. What is the Key to finding a bank that likes to deal in real estate

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Chris Seveney
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Chris Seveney's profile image
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Chris Seveney
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Chris Seveney
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Brent Horst

Key is risk - any lender whether a bank or private lender wants to preserve capital and make money but at what risk.

If you have a deal requiring 50-60% debt every bank will like you, if you need 90% financing no bank will like you.

It depends on what your bringing to the table

  • Chris Seveney
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