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Updated about 4 years ago on . Most recent reply

User Stats

266
Posts
157
Votes
Andrew K.
  • Rental Property Investor
  • San Antonio, TX
157
Votes |
266
Posts

Fayetteville (local) bank to fund BRRRR

Andrew K.
  • Rental Property Investor
  • San Antonio, TX
Posted

All,

Seeking recommendations for local Fayetteville area banks to refinance a BRRR property. Anyone have any good (or bad) experiences? What LTVs have you seen (e.g. 70-80%)?

  I'm open to using a private money lender, however I also see intrinsic value in establishing a relationship with a local bank.  

Interested parties can message me directly for additional details, as required. I'm happy to share!  

Any input is appreciated!  Thanks.

-Andrew 

Most Popular Reply

User Stats

43
Posts
28
Votes
Reggie Ramsey
  • Raleigh Durham Fayetteville, NC
28
Votes |
43
Posts
Reggie Ramsey
  • Raleigh Durham Fayetteville, NC
Replied

I use Lumbee Guarantee Bank in Raeford NC, for my flips, I work with Allen Davidson at that bank. I believe they have something for BRRRRs

  • Reggie Ramsey
  • Loading replies...