Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
Trying to find a lender for a challenging property
Ok, so I've been working on acquiring this property for a while and I'm finally to the point of needing a lender. The challenge is that the property is over 20 acres, which rules out lots of conventional lenders, AND there are two residences on the property, which seems to rule out most other non-portfolio lenders.
I'm talking to a couple farm style banks in Oregon where the property is, but they're moving way too slow for what the seller wants to happen, and I don't want to lose this property just because I couldn't get a mortgage in time!
So, where should I look to find a lender on this property?
Thanks!!
-Joe