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Updated over 8 years ago,
Portfolio lenders in Twin Cities?
Does anyone have a referral for community banks or portfolio lenders in the Twin Cities area that will finance SFH's for buy and hold investors? I have hit the cap on conventional loans and need to find a lender that will help me keep moving forward with #11. I know there are commercial options with shorter amortization and balloon options. Ideally I am looking for fixed rate and 25+ amortization with no balloon and I know it will carry a higher interest rate than conventional loans. Am I delusional in thinking I can find this?