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Updated almost 7 years ago on . Most recent reply

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23
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9
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Richard Naimy
  • West Hills, CA
9
Votes |
23
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When purchasing out of state - Local or Out Of State Lender?

Richard Naimy
  • West Hills, CA
Posted

Hello BP Community,

When purchasing am residential MF property out of state - Should I use a local lender in California or should I use an out of state lender in the area I am planing to buy in e.g North Carolina? 

Does it even matter? 

- Conventional Lender 20% Down, second property. 

Thanks in advance ;-)

Most Popular Reply

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486
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214
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Roman M.
  • Investor
  • Miami Beach, FL
214
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486
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Roman M.
  • Investor
  • Miami Beach, FL
Replied

it doesn't matter so long that your lender does the loans in NC

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