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Updated over 7 years ago on . Most recent reply

out of state investment - lender qualification?
I am looking for out of state MF or small apartment complexes. My question is what are my options for financing such commercial properties?
Do people have success going to a small local-to-property bank to get financing for an out-of-state investor?
or going to small local-to-investor bank to get financing for out-of-state commercial property?
Or perhaps there is another approach to this? what are your thoughts?
Most Popular Reply

I typically go to local banks that are within a 5 to 10 mile radius from the property.