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Updated over 7 years ago on . Most recent reply

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Yash Bajpai
  • San Jose, CA
1
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16
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out of state investment - lender qualification?

Yash Bajpai
  • San Jose, CA
Posted

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

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679
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Steve Kontos
  • Investor
  • Great Neck, NY
467
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679
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Steve Kontos
  • Investor
  • Great Neck, NY
Replied

@Yash Bajpai

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

  • Steve Kontos
  • Loading replies...