How to approach banks for purchase & rehab loan for brrrr

[Steve Lee]

Hi all, I'm currently researching and analyzing fixers to kickstart my first brrrr and planning to talk to local banks/credit unions about getting a loan for the purchase and rehab costs. As a new investor, I guess I'm just kind of anxious about how to approach them, what to ask, that kind of stuff. So, any advice will be greatly appreciated. Also, any local banks/credit unions in the Dallas area you can recommend that are investor-friendly? Thanks!

[Ian Walsh]

Private lenders are usually the best bet.  Some local banks might also be a decent fit but banks are normally in the business of writing consumer loans .