Teachers unions allow for subpar schools and an inferior labor pool.

Does anyone in Houston ( sourrounding areas) know of a good local bank or credit union to start a long term relationship with that does conventional loans for investment SFH?

A credit union I am talking to said that they insure their loans through freddie mac which only allows 4 investment property loans.

I'm working with local credit unions.

I'm using a credit union for mine...Bought a place January 4th subject to the hard money loan he had in place... am in the process of refinancing it with a local credit union... it appears *fingers crossed* they are going to allow me to do a cash out refinance based on appraisal value (75%) at 5.5% for 10/30.Easiest recommendation is simply to wear out your phone dialing...

I had a loan on a duplex through a local credit union.

Work towards family alignment and union.

I ask because it is often much cheaper than using hard or private money.My understanding is that many banks and credit unions will still provide first position liens on investment properties (as long as it and the borrower meet the criteria).This post is only my personal opinion.

Joel, my partners sister works at a local credit union and is working on some programs for us, otherwise it will be cash.

I have seen some instances though where if you belong to a credit union or the area is more suburban to rural the big lenders won't lend there.In those cases the local banks who understand the small market and will take the risk are the best choice.