Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

18
Posts
6
Votes
Anuj Sharma
  • Investor
  • Lincoln, RI
6
Votes |
18
Posts

We Can't Finance you in Rhode Island

Anuj Sharma
  • Investor
  • Lincoln, RI
Posted

Hi All,

Don't you find funny when you receive letter from some financing company that they can finance up to 300k to you for buying next investment property. You spent 30 minutes with them on phone and everything looks good and you got excited. Final noise came "Well Sir, Sorry you live in Rhode Island and buying houses in Rhode Island... We can't finance you there, We are not licensed to finance in Rhode Island". Bummer. I am not sure whom to blame here, snowy weather, corrupt state or what :-). I don't think its worth moving from here for that reason :-).

Thought should share my friday morning experience with you folks. Looking forward for if someone had this same kind of experience and how can we work around that.

Thanks,

Anuj

Loading replies...