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Results (10,000+)
Clayton Silva Local vs National
20 August 2024 | 2 replies
There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 
Brittany Moreland Where to find equity partners?
22 August 2024 | 31 replies
To the best of my knowledge the closest one is approx. 1 1/2hrs away 
Samuel Coronado Getting ready to develop park
21 August 2024 | 9 replies
The New Park Building Boom That Never Was - Mobile Home University Frank is the de facto master behind Sam Zelle when it comes to mobile home park knowledge.
Frank Patalano So what's holding you back?
19 August 2024 | 3705 replies
What is holding us back at this point in time is funding. 
Jorge Abreu 💪 Becoming a Thought Leader
19 August 2024 | 2 replies
I was able to share my knowledge about real estate investing with more people through these channels.
Kenneth Soles Buying an occupied house at tax sale. Dealing with occupants
21 August 2024 | 22 replies
Share the wealth, of knowledge
Mariah Monson Living here, what to say to Tenant
20 August 2024 | 7 replies
So, its hard to lie about that to a knowledgeable tenant. 3.
Clarence Harvey Introduction and Networking
19 August 2024 | 18 replies
I grew up on the east side of the town with a well versed knowledge of the neighborhood.
David Shirts Advice on wanting a 2nd property
20 August 2024 | 15 replies
The rents usually lag behind the market value in time, but move similarly
Damien Davis Rookie Investor from Connecticut
19 August 2024 | 4 replies
My goal is to gain enough knowledge, support, finances, and courage to make that next deal that's conducive to my current financial situation.