I'm curious too....let us know what you find out Scott.I'm having lunch with a VP at one of my small regional lenders this Friday.

Your tenants won't be housebroken, collections will be difficult, and you're likely not going to change the demographics of an entire city region just by picking up a few junky properties.Look for stronger markets if you want to make money with good hardworking tenants who pay on time and respect the units.You're asking for trouble going into very low income areas.

Can anybody list any "wholesale friendly" title companies in the south eastern region?

If you use a small regional lender with higher rates you can likely close in the name of your LLC.The trust could be used to hide the owner, but you would need to set all of this up at closing.

Another thing to consider is your city regional planning that could affect your rental rates.

Hey everyone,

Are there any banks in the FL area that you know of that are not as strict as the big guys (wells, bank of amer, etc)?

Wells Fargo is giving me the hardest time ever and I'm just trying to pull an equ...

I'd love to get feedback on anything missing from the list I am going to invite to the March event:Angel Investor1Architect1Banker3Broker1Builder1Civil Engineer1Commercial Property Broker1Commercial Loan Broker2CPA1Credit Optimization Specialist1Fee Developer1Financial Adviser2Hard Money Lender / Developer3Investor16Investor / Broker7Investor / Developer10Land Broker1Lawyer5Loan Broker1Paper Investor2Permitting Expert1PR Specialist1Private Money Broker1Private Money Lender2Small Regional Bank Broker1Social Media Consultant / Author1Spec Loan Participating Loan Specialist1Syndicator5Third Party Builder Liability Company1Title Company Closer2Wholesaler2The numbers to the right of each category represent the frequency, or how many folks I would invite from each category.

The bank usually has their own internal controls for approval.Are we talking a credit union or a local, regional, or national bank, or a private source??

What regions of the country will they loan in, etc.Also, are there any upfront fees?

We won't hold that A&M heritage against ya if you come to the meetup or participate ;-)Luckily you're in the best town in the metroplex for small regional bank contacts.