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Updated over 7 years ago on . Most recent reply

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Thomas Hartman
  • Investor
  • Minneapolis, MN
4
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8
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Best Local Banks - Minneapolis / St. Paul / Twin Cities

Thomas Hartman
  • Investor
  • Minneapolis, MN
Posted

Hi Everybody,

I am looking to move into the multifamily space in the Twin Cities and am looking for good local banks for some financing. 

Anybody have any advice on either great relationships you have built or some places to avoid? 

Thanks!

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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
  • Rental Property Investor
  • St. Paul, MN
3,688
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3,031
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Todd Dexheimer#2 Multi-Family and Apartment Investing Contributor
  • Rental Property Investor
  • St. Paul, MN
Replied

Sunrise banks

Firefly credit union

Highland banks

Drake bank

Bridgewater bank

Us Bank

First American Bank

To avoid: associated bank and Wells Fargo 

If your loan will be over $1mm then go after non-recourse Fannie/freddie

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