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Updated about 14 years ago, 11/17/2010

User Stats

153
Posts
37
Votes
Steph C.
Pro Member
  • Real Estate Investor
  • Bristol County, MA
37
Votes |
153
Posts

Investor Friendly Lenders in MA

Steph C.
Pro Member
  • Real Estate Investor
  • Bristol County, MA
Posted

Hello,

I am looking for some recommendations for lenders in MA for purchasing rental properties.

Are there any local portfolio lenders that are lending these days? Any private lender recommendations (those who
want to hold a long term note)?

I have a couple possible rental property leads that look promising, and have positive cash flow upon purchase.

Thanks,
Steph

  • Steph C.
  • User Stats

    124
    Posts
    15
    Votes
    Robert Granara
    • Real Estate Investor
    • Reading, MA
    15
    Votes |
    124
    Posts
    Robert Granara
    • Real Estate Investor
    • Reading, MA
    Replied

    I've used mercantile bank...they are a commercial lender...vie refinanced out of hard money into 20 yr notes with them on 3 family properties...they're in Boston...good luck, where are your properties?

    User Stats

    153
    Posts
    37
    Votes
    Steph C.
    Pro Member
    • Real Estate Investor
    • Bristol County, MA
    37
    Votes |
    153
    Posts
    Steph C.
    Pro Member
    • Real Estate Investor
    • Bristol County, MA
    Replied

    Thanks, BG!

    I can give them a try. How much down do they require?

    The properties are in Bristol County, MA (Mansfield/Attleboro/Seekonk) areas.

    Thanks,
    Steph

  • Steph C.
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