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Updated over 8 years ago,
Local bank or mortgage bank or mortgage broker
Hi BP,
Looking for input on type of lender to work with.
I'm looking to buy multis (2-4) units and single families. I will be using a $350k HELOC for the purchase and rehab. I can then with hold or flip. If hold, I want to finance.
I met with a local bank on the residential side. Initial rates look good. I'm also wondering if I should shop mortgage bank lenders and mortgage brokers.
Any advice on type of lender and specific mortgage banks/brokers to contact.
Properties are in MA.
Thanks,
Mike