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Updated over 7 years ago on . Most recent reply

User Stats

473
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230
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Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
230
Votes |
473
Posts

Line of Credit lenders in Milwaukee, WI

Taylor Chiu
  • Real Estate Agent
  • Salt Lake City, UT
Posted

Hey BP, I'm under contract to acquire a couple of properties in Milwaukee soon for cash, and I'm wondering if there are any lenders out there who will do Lines of Credit on investment properties? Thanks!

Most Popular Reply

User Stats

8
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5
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Mark Brooks
  • Nacogdoches, TX
5
Votes |
8
Posts
Mark Brooks
  • Nacogdoches, TX
Replied

I would use google maps to see banks around the neighborhood you are investing in. Start calling the ones whose names aren't nationwide type banks. You're looking for community banks/commercial banks. They will be the ones most likely to be flexible on their deal structure and most likely to lend in a particular neighborhood or area since they are familiar with it.

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