Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Recommendation for Loan Officer at 1st National Bank of Texas
Hello BP Community! I'm nearing the finish line on my first BRRR and everything is going really well! I'll post the exact numbers but my 4/2/2 with a PP of $95K and rehab costs of $23K will have rehab completed on 9/27, exactly 30 days after closing and I expect it to be rented within 2 weeks from that date.
I'm reaching out to banks local to the San Antonio area to find a portfolio lender. Because the property was purchased by my LLC I've been told conventional lending may not be an option. I'm open to exploring all possibilities. Creative cash out suggestions are more than welcome.
I'm currently looking into contacting First National Bank of Texas and they have a long list of Loan Officers. Rather than put "No Preference" I'm wondering if anyone here has had a good experience working with a loan officer from this bank.