I am looking to build a relationship with a local bank in the Philadelphia PA area to facilitate future lending. Any recommendation from investors in the area would be greatly appreciated. Thanks!
I am in the same boat. I moved to Philadelphia less than a year ago and am looking for some local banks that are investor friendly to open an account in preparation for our next purchase. I have an account with PFCU already, but am looking to diversify banks that we have relationships with.
@Joseph Scorese might have a good suggestion.
I think it is a lot easier to find a bank once you have a property you can present them. Just like anyone else in a W-2 job, bankers will often change banks and they know what products are available at which banks. If a banker is not able to do a specific loan, he/she often becomes my best referral for a banker that can do my loan. If you are looking just to talk and network with bankers, I have never been to a meetup without at lease one banker there.
Hi @Bassidiki Diarra
Welcome to BP!
@Joe White THANK YOU
Bassidiki, How are you and let me know if you have any questions.
Regards, Joe Scorese
Iam doing well Joe White, thank you.
Good point Irfan Raza, I have already spoken to a few lenders since the first time I posted this. I found the Navy Federal Credit Union to be helpful, that might be a good place to look for anyone wanting a little more flexible lender than conventional banks.