Where should my bank be ??

[David Marsceau]

I am finally going to buy my first property in a few months but I am not sure where I need to have my bank at. I will be working in Louisiana for the next year and I want to do the Live-in BRRRR strategy while I'm there. So my question is should I start looking at banks in the area of my property or get financing from a bank in the area I plan on living in after my job travels are done ? Here's a little back story ... I will be working in Louisiana and then Pennsylvania for a few years before returning to Oregon ultimately, where I plan on living and investing in mainly. I plan on investing in both Louisiana and Pennsylvania while I'm there, so do I just find a different bank in each area I move to or can I just use one bank in Oregon for all the properties ?

[JD Martin]

Originally posted by @Alexander Felice:

Keep an account with a balance anywhere you have a loan (when possible)

for personal use I would look to internet banks, much more competitive generally.

 This is what I do. I have open accounts everywhere that I have used services. You can just leave a couple hundred bucks behind in most accounts without paying service charges, and it helps maintain you as a customer of the bank should you want to shop for services.