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Updated almost 7 years ago, 02/03/2018

User Stats

6
Posts
3
Votes
Brodie A Hinkle
  • Tulsa, OK
3
Votes |
6
Posts

Reputable Lender in Tulsa, OK

Brodie A Hinkle
  • Tulsa, OK
Posted

Hello, 

As I am a new buy-and-hold rental real estate investor, I am seeking a reputable lender in the Tulsa area.  We have done deals in the past with lenders in our area that have been quite difficult to work with (requiring excessive repairs to be done, unresponsive when we have questions, and drew out the loan process much longer than it should have been).  We still have less than 3 loans, so we have been using conventional lending as opposed to commercial lending.  I'd also be interested to hear how you all have handle difficult lenders in past circumstances.  

Thank you for your feedback and input!

Sincerely, 

BH  

User Stats

1,251
Posts
261
Votes
Bob Green
  • Lender
  • Mokena, IL
261
Votes |
1,251
Posts
Bob Green
  • Lender
  • Mokena, IL
Replied

Hello Brodie,

Are you acquiring foreclosed properties or functioning homes with a tenant in place?

User Stats

6
Posts
3
Votes
Brodie A Hinkle
  • Tulsa, OK
3
Votes |
6
Posts
Brodie A Hinkle
  • Tulsa, OK
Replied

Bob, 

They are functioning homes that are rent ready.  We don't always have a tenant in place before we close, but the rental will get filled quickly.

Thanks,

BH

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User Stats

267
Posts
159
Votes
Dustin Davis
  • Goshen, AR
159
Votes |
267
Posts
Dustin Davis
  • Goshen, AR
Replied

You might talk to Cain Wright ... he may be able give some direction.