If your asset is older and/or smaller, you may have better luck with local community banks or credit unions.

Here’s a quick overview of potential pros and cons, along with general advice on working with hard money lenders like them.Pros:Flexible Financing Options: Rehab Financial Group often specializes in real estate investing and provides hard money loans for BRRRR deals, which may be a good match for your needs.Quick Funding: Hard money lenders like Rehab Financial can sometimes offer quicker access to funds compared to traditional banks, which is important for BRRRR investors looking to move fast on properties.Cons:Higher Interest Rates: Hard money lenders usually charge higher interest rates than traditional financing sources.

When loans were called, was it due to specific triggers like delinquencies, insurance lapses, or low-interest rate portfolio loans held by smaller banks?

In my case, my specialty is flipping the transferable residential development rights from resource land such as farm and undeveloped rural-residential multi-acre parcels.

@Shin Nishikawa Right now it is still difficult for foreigners to get financing from Japanese banks.

This deal was the catalyst that got me into the mortgage banking industry.

It’s not necessary to stay local for these services as long as you have online bank statements or a solid way to get them to the bookkeeper.

Keep in mind banks still pool forclosed assets together and sell them all together as a group to one company.  

But unlike going to your bank (and getting your local banks CD rates), with these accounts you can shop CD rates nationwide. 

So if he were to rent it out wouldn’t that show up on his taxes and say if the bank finds out and is okay with what would he do with it on the tax side of things would he report it as soon as it it’s in service or what would he do for tax purposes.