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Updated almost 10 years ago on . Most recent reply

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Byron Scott
  • Rental Property Investor
  • Villa Rica, GA
360
Votes |
220
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Portfolio lender

Byron Scott
  • Rental Property Investor
  • Villa Rica, GA
Posted

Hey BP, 

I was wondering if using portfolio lenders to get started investing is a good idea? If so, I need advice on what I should put into a portfolio to present to portfolio lenders? Thanks for any advice!

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Devan Mcclish
  • Investor
  • Nashville, TN
607
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688
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Devan Mcclish
  • Investor
  • Nashville, TN
Replied
Byron Scott yes portfolio lenders can be great. It's a great way to obtain more property. You should put everything in there that you would give a banker for a home mortgage w-2, 1099, pay stubs, assets, liabilities, etc. also include a business plan if you have it. Brandon Turner suggests putting a credit report in there and making a table of contents. I forgot what podcast that was in

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