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Updated over 4 years ago on . Most recent reply

User Stats

26
Posts
4
Votes
Jacob Thorp
  • Rental Property Investor
  • Rochester, NY
4
Votes |
26
Posts

Partner with a local bank

Jacob Thorp
  • Rental Property Investor
  • Rochester, NY
Posted

Has anyone been able to partner with their local bank on their investments? I'm not talking about an investor who works a good W2 job and qualifies for whatever cash out loan they offer. Has anyone pitched their business model (BRRRR) to a bank and got them to buy into it and partner with them to buy their refinances or offer a line of credit outside their normal lending terms?

How do you pitch a bank to partner with you? I've been developing a pitch based on Oren Klaff's Pitch Anything and am looking for feedback. We are full time investors and don't have W2, looking for a bank to buy our refis in B-C class BRRRR's in our local area.

Thanks!!

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