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Updated almost 5 years ago on . Most recent reply

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Dustin Tran
  • Investor
  • Bay Area, CA
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Do I have to use local lender?

Dustin Tran
  • Investor
  • Bay Area, CA
Posted

Does it matter if I find a local lender or not?  I am looking to invest in Texas but I have worked with a couple lenders in Kansas and Georgia for my primary home.             

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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
1,169
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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
Replied

@Dustin Tran You can use any bank that is licensed in your state to do a real estate investment deal. Local banks are typically best as they won't have near the red tape and their underwriting criteria is a bit less strict. Hope that helps!

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