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Updated almost 8 years ago on . Most recent reply
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Relationship Building with Lenders
My wife and I are just starting out with REI. We're getting close to putting in an offer on a small property that we plan to keep as a rental. I have a pre-approval through Quicken loans since they just re-financed my primary residence and still had my info on file.
If we plan to buy multiple properties in the future, what's the best lender/organization to build a relationship with? Is it a small local bank? Maybe a mid-size regional lender? Is creating a relationship with a mortgage broker a good place to start?
This first property will be very easy to get the financing for. I'm just trying to lay the groundwork for what (we hope) follows. So if I need to get recommendations from some local investors on a broker or something I can do that.
Thanks for the help!