I've been outbid on a number of houses by banks. 

I maintain these connections by reaching out annually to check in and see if there’s anything I can do to assist them further.If you enjoyed this post, please consider voting!  

Have you looked at an HML or a loan from a bank to buy it from the seller now?

They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.

@Timothy Hero community banks and credit unions are the OG DSCR lenders.  

At that point, you’re building a business plan—something you can take to the bank.

With that low interest rate, you will have paid down a lot of equity in the deal and should be able to finance with a bank.

We're in a small town so we ask our bank loan officer who is involved in the community for a CPA reference.

Some states may be more enjoyable than others when it comes to running a PM company.

Meanwhile, switch banks.