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Updated almost 10 years ago on . Most recent reply

Elaine Lau's profile image
Elaine Lau's profile image
Elaine Lau
  • from Chino Hills, CA
  • Member since Apr 6, 2015
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Elaine Lau's profile image
Elaine Lau's profile image
Elaine Lau
  • from Chino Hills, CA
  • Member since Apr 6, 2015
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Elaine Lau
  • Chino Hills, CA
2
Votes |
19
Posts
Creative Real Estate Financing

funding out of state rental property

Elaine Lau
  • Chino Hills, CA
Posted

Do portfolio lenders usually fund out of state rental property investments?  Or should I find a local lender where I will be buying the property?

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Ramon Jenkins's profile image
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Ramon Jenkins
  • Real Estate Agent
  • from Milwaukee County, WI
  • Member since Nov 11, 2009
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Ramon Jenkins's profile image
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Ramon Jenkins
  • Real Estate Agent
  • from Milwaukee County, WI
  • Member since Nov 11, 2009
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Ramon Jenkins
  • Real Estate Agent
  • Milwaukee County, WI
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Ramon Jenkins
  • Real Estate Agent
  • Milwaukee County, WI
Replied

Most likely Portfolio or private lender

Example :

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

You are in California

Property is located in Texas

I would suggest locating a local real estate agent, property manager, 

contractors, insurance provider, and most importantly a real estate attorney.

Welcome Elaine and good luck moving forward.

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