Prior to working as a residential mortgage banker, I didn't have much.

I recently passed the real estate license exam (Texas) in February and I am currently interviewing brokers , I have narrowed down to Coldwell bankers and a boutique firm ( Legacy Homes & Properties ).

I had a few Banks tell me over the phone that they don't fund flips or do construction loans over the phone (because they don't want to advertise it), but when you go in and speak to a banker, they tell you a different story.

Banker, do you have any money to loan that might be burning a hole in your pocket?

As a banker and real estate investor I know a lot of people who would be happy to work with you.

Then, he may want to talk with a local banker or loan originator.

A banker I know, who is also a landlord, told me that a tenant once tried to sue him for blocking off part of the property's sidewalk while he had it repaired.

If you are a banker, be wary of conflicts of interest.

Sounds like I need to talk with a banker.

I have owned SS  and it has its own set of challenges its not all wine and Roses LOL.My banker is of the opinion that when you hit a downturn SS is one of the first things to get hit.IE someone paying 100 to 150 bucks a month to store their junk just stops paying.and vacancy starts to out strip cash flow and the properties go underwater.what did with mine and it was a unique property being right across the st from 1000 floating homes on the Columbia river or should i say within 2 miles of all those.I put a condo plat on mine and went about sell each storage condo to those floating home folks so they could add value to their floating home.. this worked out well.I also like it when you have the bigger ones kind of like airplane hangers and you sell to the ultra motor coach crowd or those that like to wrench on their collection of cars.. end of he day people need a place to live  storage is a luxury.. but this is hardly a new concept or business its well established.. and your write the herd has put up thousands of units in our area 3 to 4 story buildings and every one of them has move in specials.