Where should my lender be located for OOS loans?

[Norman Berman]

Hi folks,

I'm researching out-of-state multi-family properties for a buy-and-hold strategy. I plan to leverage my investments.

Since I'm planning to invest out of state, does it matter where my lender is located? Should they be:

• In the state where my properties are?
• In the state where my LLC is filed?
• In my home state?

Thanks!