Rental Property Investor · Tulsa, OK · Member since 2015 · 9 posts · 4 votes
I have 5 sfr rentals right now. Closing on my sixth. It's va foreclosure so it's taking a min. The couple of banks Im using don't want lend me more money right now. So, I'm looking for another bank. High 700 credit score. Can put 20 to 30 down. Would be nice to have someone include rehab costs into the total loan. Not a deal breaker. Any recommendations?
Arvest worked with me to get to the 10 SFR properties and I am helping several friends and family do the same. I have a couple other lenders that i am doing commercial deals with that I know they offer decent terms for houses as well. PM if me if you would like their contact info.
Arvest worked with me to get to the 10 SFR properties and I am helping several friends and family do the same. I have a couple other lenders that i am doing commercial deals with that I know they offer decent terms for houses as well. PM if me if you would like their contact info.
Callum K. Awesome! I have been using Arvest for my car business the last 4.5 years. I shouldn't have a problem doing business with them. I tried to contact you for some contacts. You have your contact stuff blocked.
Just sent you a PM. Hopefully it worked. Car business? That is too smart for me, but I'd love to meet up and trade some stories sometime. I love learning about different businesses and hearing about how others make ends meet. Let me know if you want to grab lunch sometime.
Ask around at your local REIA for who other investors use, if they work for them, they likely work for you. Also, one trick I've done is do a DataQuick or ListSource search for those who've made loans on non-owner occupied properties in my area and price range. The banks on that list are obviously willing to lend on those types of properties, so it's a good start when searching for a bank.