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Shreveport Real Estate Forum
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Updated almost 3 years ago on . Most recent reply

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12
Posts
2
Votes
Jason Revere
  • Rental Property Investor
  • Shreveport, LA
2
Votes |
12
Posts

Brrrr lenders and getting started

Jason Revere
  • Rental Property Investor
  • Shreveport, LA
Posted

Hello everyone, new to all of this but believe I'm ready to take the plunge. What are the most brrrr friendly refinance banks in our area? Wanting to get preapproved. Tia

Most Popular Reply

User Stats

449
Posts
410
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Lawrence Potts
  • Real Estate Agent
410
Votes |
449
Posts
Lawrence Potts
  • Real Estate Agent
Replied

Hey Jason!
Congratulations on starting this new journey! My suggestion is to talk with a local bank or credit union loan officer and tell them what your strategy is and where specifically you plan on investing. It's almost as if you're giving them a business plan. Ask them what LTV's they offer, how quickly you'll be able to refinance, what down payment and closing requirements they have, etc. But also talk to other investors in your local REI meetups and ask! I had a few rentals in the area, PM me.

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