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Updated almost 7 years ago on . Most recent reply

Abou C.'s profile image
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Abou C.
  • Wholesaler
  • from Central Falls, Philadelphia
  • Member since Aug 2, 2014
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Abou C.'s profile image
Abou C.'s profile image
Abou C.
  • Wholesaler
  • from Central Falls, Philadelphia
  • Member since Aug 2, 2014
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Abou C.
  • Wholesaler
  • Central Falls, Philadelphia
32
Votes |
205
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Private Lending & Conventional Mortgage Advice

Philly Portfolio Lenders?

Abou C.
  • Wholesaler
  • Central Falls, Philadelphia
Posted

Hello

Wondering if  anyone on here knows of a good portfolio lender in Philadelphia, and how was your experience with the lender?. 

New investor moving down in philly, and hopefully to establish banking relationships.

Thank You

Abou

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Joseph Scorese's profile image
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Joseph Scorese
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  • from Philadelphia
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Joseph Scorese
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  • from Philadelphia
  • Member since Aug 25, 2009
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Joseph Scorese
  • Banker
  • Philadelphia
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Joseph Scorese
  • Banker
  • Philadelphia
Replied

Hi @,

How are you and welcome to BP!

Banking relationships in Philadelphia is a great thing when financially modeling your real estate business. Most portfolio lenders are seeking some of the consistent items.

Good Credit

Landlord or Business Experience

Deposits and or Reserves

Real Estate Collateral

Let me know if you have any questions.

Regards,

Joe Scorese

  • Joseph Scorese
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