Investor Friendly Banks in Columbus Ohio

Investor Friendly Banks in Columbus Ohio

Member since 2021 · 3 posts · 3 votes

Can anyone give me some recommendations of investor friendly banks in the Columbus area? Additionally, if you're recommending banks you've worked with in the past, did you fund a rehab of the property through them as well or not?

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Real Estate Agent · Columbus, OH · Member since 2021 · 98 posts · 101 votes
4y

@Mike Pauze It all depends on what kind of financing you're doing. I mostly deal with cash/hard money/private lenders/etc. The rates are pretty decent if your going for a flip or finding and investment property. Columbus really has it all when it comes to investing in any type of real estate. It all just depends on what your end goal is. Feel free to reach out to me. Either way, Happy Investing!

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  • Columbus, OH · Member since 2021 · 46 posts · 67 votes
    4y

    @Mike Pauze I have one in mind I work with a lot! Would be happy to connect you two.

  • Remington LymanBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
    4y
    Originally posted by @Mike Pauze:

    Can anyone give me some recommendations of investor friendly banks in the Columbus area? Additionally, if you're recommending banks you've worked with in the past, did you fund a rehab of the property through them as well or not?

     Yes, I can refer you to some banks in Columbus, Ohio. I have a comprehensive list of them.

    @Chris Wharton

  • Chris WhartonBusiness Member
    Lender · Columbus, OH · Member since 2020 · 85 posts · 73 votes
    4y

    @Mike Pauze let's connect and see if we're a good fit.

  • Marc RiceBusiness Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2018 · 2k+ posts · 1k+ votes
    4y

    There's a lot of lenders who work in Columbus. Some will fund 100% of the rehab cost and about 80-90% of the price but that will be on shorter term loans ~ 12 months with 8-12% interest. Some larger commercial lenders on 4+ unit deals will fund rehabs but they are more relationship driven.

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  • Brandon SturgillBusiness Member
    Real Estate Broker · Columbus, OH · Member since 2013 · 3k+ posts · 1k+ votes
    4y

    @Mike Pauze if you are looking for a renovation style loan, search here for Alex Bekeza...he works with investors and is active on BP

    It's important to define the loan product up front...some conventional lenders may not have the product you are after.

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  • Real Estate Agent · Columbus, OH · Member since 2021 · 98 posts · 101 votes
    4y

    @Mike Pauze It all depends on what kind of financing you're doing. I mostly deal with cash/hard money/private lenders/etc. The rates are pretty decent if your going for a flip or finding and investment property. Columbus really has it all when it comes to investing in any type of real estate. It all just depends on what your end goal is. Feel free to reach out to me. Either way, Happy Investing!

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