Which Banks are best for Real Estate Investors

Question

Hello. I am looking to branch off and use the banks money for my real estate investing instead of my own. Every Rental Property I have I paid cash for it. Prices are a lot higher now than when I was purchasing properties. What directions should I take? Which banks work well with real estate investors with a portfolio? What Kind of loans should I seek?

Bjorn Ahlblad · Answer

I'm not sure Banks are the answer..........up top you will see 'Build your Team' klick on that tab mortgage lenders are there.

Ziad Hamati · Answer

I do, but I would need more information. Are corporation taxes up to date? What is the residency status of the non-US people? Not sure if how many partners are involved, but does the buyer have more or less than 25% ownership... many questions to ask and best to have a call or share your email address.

If you want to share your email address

Erol Shashaty · Answer

Ziad, do you have any experience with a US corporation owned 100% by non US people?

Ziad Hamati · Answer

Find a loan officer you can trust. I am one, and we work with several lenders, and they all offer different loan products. Some are very investor friendly.

Mark S. · Answer

@Doug Smith This. I’ve used the large national and regional banks as well as smaller local ones. The local lender, if they have an appetizer real estate, have condos been easier to work with and had better terms.

Doug Smith · Answer

I was a banker for many, many years before we started this company. Federal regulators HATE real estate investors, therefore, banks don't like to lend to them (us). I was brainwashed for years that real estate investors are dirty, unwashed scammers by the banking system. Look at me now! lol. If you're going to a bank, you'll want to look for a smaller, community bank that has a history of lending on retail centers and multi-family...what they call "CRE" lending vs the owner-occupied "C&I" lending. Since we lend heavily to investors, bankers have become one of my best referral sources. Bankers don't like to say know, so they like to refer the deals out to people like us. In return, we fire them over deals that we don't typically focus on like non-real estate commercial lending. There are a lot of us on here that lend to investors and we're happy to help.

Eliott Elias · Answer

It’s less about the banks and more about the lender. If you get with a good mortgage broker, they can connect you with the right loan product/lender.

Alex Bekeza · Answer

I'd find a mortgage broker who understands your strategy well enough to advise on products designed to help you scale.

Which Banks are best for Real Estate Investors

Which Banks are best for Real Estate Investors

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