Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago on . Most recent reply
![Michael Klein's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/271809/1621440119-avatar-michaelk3.jpg?twic=v1/output=image/cover=128x128&v=2)
Pre-approval wanted for out of state Buy/Hold Investment
Hello All,
I'm new to this realm. So I'm seeking advice for finding financing for some buy/hold properties I'm interested in investing (SFR and/or multi-unit dwellings.)
I currently reside/bank in Gainesville, Fl and want to buy a number of rental properties around Cleveland, OH. I believe I have a great credit rating (720+) and don't plan on financing anything that would result in a DSCR of less than 2.0.
I'd like to strike up a relationship with a lender such that I'd be "pre-approved" up to an agreed upon limit (perhaps, something like $200,000 to get started). I would really appreciate any recommendations / advice on financial institutions I should approach.