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Private Lending & Conventional Mortgage Advice

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John G.
  • Real Estate Investor
  • Richland, WA
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how did you build you bank relationship?

John G.
  • Real Estate Investor
  • Richland, WA
Posted Aug 5 2011, 07:52

I've been reading a few posts about the benefits of bank relationships. I'd appreciate hearing stories from folks that have been successful at it.

One approach I read about was placing a deposit in a bank, then asking for a line secured by the deposit. After you pay it back, as for a partially secured line. Repeat over and over. Does this approach work? What might work better?

Thanks!

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