Basic approach to secure financing on an investment property

[Mark A. McElhannon]

I'm curious on peoples go to approach to secure financing for an investment property - use a broker? start w local bank or CU ? or even a local brick and mortar bank?

[Jeff Chisum]

Include a lender in your conversations that specializes in working with investors. Drill down further to find one that specializes in the type of deal you are looking to do. Multi family. Buy and hold. Fix and flip. Asset based loan. DSCR. Renovation loan. Are you looking to scale. My specialty as an example is working with investors looking to build portfolios of Short Term Rental/ luxury vacation properties all across the US. 90% of my clients use the 10% down second home occupancy loan. The remaining clients use the DSCR loan. Always willing to jump on a call.