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ForumsArrowBuying & Selling Real Estate DiscussionArrowNeed help finding the right Banks
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Need help finding the right Banks

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Check Rosette Top Subjects:
Rentals and Team
  • Posts 84
  • Votes 57

Brian Boyd
Attorney from Nashville, TN

posted 8 days ago

We are currently looking for a bank that can work with us on all our investing, in-state and out, our business operations, lines of credit, and personal banking. Does anyone have any good suggestions?

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Check Rosette Top Subjects:
Rentals, Real Estate Finance, and Traditional Financing
  • Posts 385
  • Votes 320

Will Fraser
Real Estate Broker from Oklahoma City, OK

replied 8 days ago

HI @Brian Boyd !  i've had the best luck in this avenue with a very small local bank that I work with.  In theory a larger bank would be better suited (and truly regional and national banks do offer more competitive individual products at times) but to the contrary I've found my small one and two location banks having the most flexibility and speed in business, based on the trust we are able to build.

I'd recommend asking around at your local REIA meeting to see if there are any pro-level investors in the room who happen to be lenders, or who invest in a similar way to you. They'll have some good connections I'd suppose.

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