Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

571
Posts
638
Votes
Austin Steed
  • Real Estate Agent
  • Columbus, OH
638
Votes |
571
Posts

Relationship Lending with a local based MB

Austin Steed
  • Real Estate Agent
  • Columbus, OH
Posted

I am a local Realtor in Columbus OH. I have been able to help out many investors buy properties here where the numbers are very attractive. Meanwhile I have got to learn the market more and more. Win win to me.

I have experienced the process of going from a W-2 military employee to a 1099 Realtor. While receiving a W-2 the loan process was a cake walk. I purchased a SFH in CA under a VA loan, have rented it out for 3 years and very glad I did it. Now with me receiving a 1099 it's not as easy.

I have searched many many lenders, called Hard money lenders, and etc. I am looking to pursue buy holds not so much flips. Thus ARV doesn't help too much.

All that said brings me to my point.. My dream has come true! I have been refereed to a local based community lender that will take RELATIONSHIPS into the picture. I am itching to buy my next property and have set up a meeting to get that elusive loan. 

My question for you all, what are some of the best points to make when it comes to a relationship based lender? What has worked in the past for you? Are they looking for numbers or just a firm handshake? Anything specific to mention sense I am looking for buy and holds?