All Forum Posts by: Ian Hutton

By larger lender do you mean a chase/ Wells Fargo type? Also Do you mean speaking with a property manager for recommendations on a lender after I’ve acquired the Heloc from a larger lender such as a chase/ Wells Fargo type?

1 Vote

Modesto/Merced, California

Quote from @Tanner Connelly:

Answering your second question: very rarely will you see a bank or credit union's local loan officer practice in other states. Its best to look for a lender who is with a larger national retail company and has the ability to hold multiple state licenses.

0 Votes

Modesto/Merced, California

Hi everyone! Exited to be apart of BP I’m from riverbank Ca, and am looking into out of state investing.

In April of 2023 I’ll be renting out my primary property, but I’ll also have 10k saved up for my first official investment property
I’m planning on using a Heloc of 10/ 20/ or 30k in addition to a down payment.

My question is can I use a bank/ credit union for this? Or do they not do out of state investing. I’ve already talked with a few as of today and seems like they do not do loans for that. Thank you in advance and Again in the Modesto,stockton, riverbank, Tracy area

0 Votes

Modesto/Merced, California

Hi everyone! Exited to be apart of BP I’m from riverbank Ca, and am looking into out of state investing.

0 Votes

Modesto/Merced, California

All Forum Posts by: Ian Hutton

Ian Hutton has started 8 posts and replied 14 times.

Post: Lending down payment/ introduction

Post: Lending down payment/ introduction

Post: Lending down payment/ introduction

Post: Lending for down payment/ introduction