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Updated over 7 years ago on . Most recent reply

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10
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4
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Lisa Sanders
  • Everett, WA
4
Votes |
10
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Should I look for a loan local to the deal or local to me?

Lisa Sanders
  • Everett, WA
Posted

So, I'm in the process of moving forward with my real estate investment adventure - looking for my first deal. This requires funding, of course. So my question is this: Do I look for funding that is local to my current location or local to where my deal is/will be? 

More insight: I'm looking into investing out of town - yes, I know this isn't the ideal course of action, but I would like to some day in the (nearish) future move in the general direction of this place. With the future in mind, I've considered looking where "local" would be in a few years.

Any advice is much appreciated!

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