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Updated over 7 years ago on . Most recent reply

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Mike Ball
  • Los Angeles, CA
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29
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Local banks to finance investment properties in Charleston

Mike Ball
  • Los Angeles, CA
Posted

I have couple properties in Charleston which I have financed by conforming loans. I am looking to find a local bank/lender that can provide a commercial loan on my future purchases. Any and all recommendations would be greatly appreciated. 

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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
65,038
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44,021
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

I have done good at South Atlantic bank.. although to my knowledge I am there only out of area borrower..

Most of these banks will only lend to you if you live there or at least have a second home there.

it took me 3 years and many turn downs to get to them. but now we are on project 7 or 8 in the last 18 months and I find our personal banker there to be very helpful and of course the essance of a Southern Gentlemen.

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JLH Capital Partners

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