Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Out of State Investing
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 6 months ago on . Most recent reply

User Stats

8
Posts
11
Votes
Stephen Branagan
11
Votes |
8
Posts

Investing out of state - Pre approval process...

Stephen Branagan
Posted

Hi,

When considering investing out of state, is it best practice to find a local lender in the market I want to invest in? Alternatively, can I get pre-approved online or with my bank and go from there before shopping between lenders? 

Thanks! 

Most Popular Reply

User Stats

297
Posts
386
Votes
Kerlous Tadres
  • Realtor
  • Columbus, OH
386
Votes |
297
Posts
Kerlous Tadres
  • Realtor
  • Columbus, OH
Replied
Quote from @Stephen Branagan:

Hi,

When considering investing out of state, is it best practice to find a local lender in the market I want to invest in? Alternatively, can I get pre-approved online or with my bank and go from there before shopping between lenders? 

Thanks! 


I would recommend finding a lender in the area you invest in. They would have more connections with appraisers and realtors than the lenders you find outside of the state you invest in. Let me know if you need any referrals, I know a decent amount of lenders

business profile image
Kerlous Tadres | Reafco Real Estate
5.0 stars
17 Reviews

Loading replies...