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Greg Leach
  • Sacramento, CA
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Out of state investing

Greg Leach
  • Sacramento, CA
Posted

I have just a quick question, when buying a property out of state, should I work with a bank local to me for a loan, or a bank local to the property in question? 

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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
Replied
Originally posted by @Greg Leach:

I have just a quick question, when buying a property out of state, should I work with a bank local to me for a loan, or a bank local to the property in question? 

 As long as they can lend in that state it should not be an issue. Just make sure it is an investment property and not a personal residence!

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