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Updated almost 9 years ago,

User Stats

75
Posts
40
Votes
Andrew R.
  • Rental Property Investor
  • Santa Barbara, CA
40
Votes |
75
Posts

Investing out of state: Use Local or On site lender?

Andrew R.
  • Rental Property Investor
  • Santa Barbara, CA
Posted

Hi, I'm in California, looking at Texas or Indiana for a SFH rental house. I will finance w/ a conventional mortgage. Is there any advantage to using a mortgage lender here in Calfornia vs using one in Texas (or where ever the house is located?). I've savvy to do deals over the phone and online. But are there other differences in products and rates across states? Thanks.

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