Finding a bank loan for a $55,000 out of state property

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Hello, 

I am close to having a $55,000 home out of state under contract, and I wanted to ask how does one find a bank lender for this amount especially with the purchase being out of state? 

You could certainly try a small community bank in the area you are investing (would be helpful if you could tell them that is a target market for you and they can expect future investments as well. *If that is true of course*).  You can also look online for portfolio lenders and seek out private funds from people close to you.  $55k you could likely raise all the money with enough effort.  Good luck with the deal!