Looking for financing for another townhome investment

[Denise Brown-Puryear]

I'm seeking lender financing for a townhome investment which would add to our existing TH portfolio of 8 in this particular area.  Located in Greensboro, NC.  Would love referrals from other BP landlords and investors and have had a good experience with that particular lender.  Thanks!

[Denise Brown-Puryear]

Originally posted by @Jake S.:

Hey @Denise Brown-Puryear! I'm not from the area, but first off, congrats on your great progress!!!

I would highly recommend going and talking with 5+ local community banks and credit unions and discussing your needs. They are often very flexible and want to build lasting relationships with investors

 Thanks Jeff for your feedback.  Unfortunately, this is an opportunity deal and I've been given the first opportunity to make the purchase in the existing development where we have several TH's.  We've been purchasing cash in the past, but rather find a "quick" lender.  We have relationships with several local banks, but felt the process would take too long after meeting with loan officers.  I've done some research and have found a landlord specific lender.  I personally don't have a problem with the interest rate (as long as the numbers make sense).  We have a long-term strategy in place in any event.

Again, thanks!