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Updated about 8 years ago on . Most recent reply

User Stats

15
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1
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Jason Barnett
  • Flipper/Rehabber
  • Memphis TN
1
Votes |
15
Posts

When it comes to financing…Being a big fish in a small pond or vi

Jason Barnett
  • Flipper/Rehabber
  • Memphis TN
Posted

Hi BP

So I’m working my way through all the podcasts (listening at 2X so everyone always sounds REALLY excited) and many topics and lessons all come back to “relationships”. So I’m looking for opinions on building relationships with lenders. What has been your experience working with small, local banks where depositing $150K would garner some attention. What were your experiences working with a regional or national bank where you would probably be just another number but might be offered better terms? What are your thoughts on establishing a relationship with a local lender even though you wouldn’t be “local” for another 12 to 18 months (see my questionHow soon is “too soon”)?Any thoughts or ideas would be appreciated.

Thanks, Jason

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