Investor Friendly Banks/Lenders in Memphis

[Danielle Wolter]

I am just starting with investing in Memphis, and before I take the plunge and start making offers, I want to talk to some lenders about what my options are. I am a cash buyer right now, but will be looking to refinance the properties as I rehab and get them rented. I know there are banks with longer seasoning periods, minimum loan amounts, etc., etc. I don't want to end up with my money stuck in a deal unable to refinance because I didn't do my homework beforehand. 

I do plan on starting to call banks and credit unions in Memphis, but wanted to check for some recommendation first. I'd love the name of some investor friendly lenders if anyone has any suggestions. I'm open to talking to banks, credit unions, or private money lenders. Thanks!