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Updated about 7 years ago on . Most recent reply
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Banks in Columbia, South Carolina
Hi Everyone,
I am currently working through the process of putting a partnership together with 2 out of state partners. We have our LLC, operating agreement and business plan ready. The next step is for me to go find a bank in this area in SC that will work with us. We are hoping to get a line of credit large enough to buy the properties with cash and then refinance into a fixed 30 yr mortgage after the property is performing. We also have about $45k of our own funds to start with.
Does anyone have any good leads on banks or credit unions in the Columbia/Lexington, SC area? We're looking to build relationships with local banks since they seem the most flexible. I'm just trying to avoid wasting too much time with banks that just won't do anything like this.
Thanks!