Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

64
Posts
25
Votes
Joel C.
  • Rental Property Investor
  • Evans, GA
25
Votes |
64
Posts

Lenders in Augusta, GA

Joel C.
  • Rental Property Investor
  • Evans, GA
Posted

I was wondering if any of the Augusta, GA, area investors have had much luck working with local lenders while running their real estate business through an LLC? We're planning on working the BRRR strategy, using our business LOC to fund purchases and repairs, then refinancing to pay of the LOC and pull out some equity. We were looking for someone who could keep the loan in-house and be okay with us quit claiming the title of the home over to our company (and say as much in writing). Georgia Bank & Trust had great reviews, but their recent buyout seems to have "creative lending" on hold for a few months.

I've looked into Dwell, Lima One, Colony, and B2R a bit, but I wanted to exhaust local options before going that route.  Any advice would be much appreciated!

Most Popular Reply

User Stats

2
Posts
1
Votes
Replied

@Joel C., did you ever come across a lender you liked working with? Any luck with credit unions by chance?

Loading replies...