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Updated almost 4 years ago on . Most recent reply

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Elias Hay
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Lender/Lending questions for rentals

Elias Hay
Posted

Hello - who are the best Portfolio Lenders out there or mortgage companies that finance LLC's- Currently, I have 2 SFR rentals and a 4plex. They are all financed with conventional loan. Trying to see what is the best product out there for future purchases.

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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Elias Hay if you know the product you need but just need it in a specific state try posting in that state forum. Bigger Pockets has some great state forums and usually there are good locals that monitor those. Also, try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. But post locally for this. That’s the best bet.

By chance, any reason why you want to get out of a conventional loan?  Usually those will have better rates than portfolio loans.

  • Andrew Postell
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