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Updated over 3 years ago on . Most recent reply

User Stats

5
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1
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Jonathan Saft
  • New to Real Estate
  • Philadelphia, PA
1
Votes |
5
Posts

1st time buyer shopping for Philly lender on house hack

Jonathan Saft
  • New to Real Estate
  • Philadelphia, PA
Posted

Hey BP community!

I am a prospective first-time buyer looking to house hack a 2 or 3 unit multi-family in the Philadelphia area (ideally South Philly). 

After doing some interviewing over the last couple of months, we have connected with an agent that we really like and are starting to dive in on property shopping and analysis. My next step is finding the next member of my core 4: the lender.

I have interviewed a couple and right now I have two that could be great, but I would love to talk to some more and ensure I am securing the best possible rates and partnership. Any advice on how to find the best lenders in my area for my needs?

Most Popular Reply

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8,189
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6,505
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
6,505
Votes |
8,189
Posts
Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Jonathan Saft this is certainly a local type of question. If you know the product you need but just need it in a specific state try posting in that state forum. Bigger Pockets has some great state forums and usually there are good locals that monitor those. Your current realtor should also know a suggestion or two.  Also, try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you.  I wrote an article on how to find good investor friendly lenders that you can find Here.  But post locally for this. That’s the best bet.

  • Andrew Postell
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