Funding for Buy & Holds

[Chris Puckett]

Question for my Buy & Hold com-padre's in the Charlotte area.  What forms of funding do you use and recommend?  I'm using First Citizens in Concord.  I've found that small banks are becoming less and less investor friendly with stricter terms that just make my numbers impossible to work.  

Would love to hear what everyone is doing.   

[Bill Fairman]

You can finance up to 10 properties conventionally in your name, if the 5 properties are in a business name other than in a C corp they will count as part of your 10.

Once you reach 10 your going to have to go the commercial loan rout for any additional.

My friend Bryan Maddex is very knowledgeable on the investor long term conventional loan programs. He works in Charlotte for Movement Morgage