First Investment Lender recommendations in Texas

2 Replies

Hi BiggerPockets, I've narrowed down my search and identified a few potential first properties in a town north of Houston. Now i just need to identify my best lending option. I have a few recommendations from the property manager I'm working with for lenders but wanted to see if anyone has advice or has had positive experiences with local private or traditional mortgages. Thanks! Chase

@Chase Smolik there's a bunch of questions to help steer you:

  1. What's your credit score?
  2. Do you own your primary? If so, how long? 
  3. How many units are you targeting? 
  4. What's the purchase price?
  5. Will the property need rehab? 
  6. How much do you have set aside for the down-payment?

Those are some good starting off points.