Looking for a real estate friendly community bank in the Largo, FL area. Any recommendations? Thanks.
I would complete a quick google search for local credit unions and competitive rates. Also, keep in mind you should consider which type of loan you are seeking to better understand the guidelines.
@Rick Klopp what are you looking to obtain financing wise is as to your reason for steering towards a community bank? HELOC?
@Raymond J. Rodrigues whenever we are considering a new market, we have found better success developing a relationship with a local community bank where decisions can be made in-house. Thanks.
@Rick Klopp if you know the product you need but just need it in a specific state try posting in that state forum. Bigger Pockets has some great state forums and usually there are good locals that monitor those. Also, try some local real estate meetup groups. Meetup.com is a good resource for those but some post here on Bigger Pockets too. Hope this helps in some way.
@Andrew Postell thanks ... I’ll try networking on the BP State forum.
@Rick Klopp are you seeking conventional financing?
@Raymond J. Rodrigues more than likely. Most of our SFR loans have 10 year amortization schedules with a 5 year ballon. Currently we are discussing acquisitions with MidFlorida and Republic Bank. I see that you are a lender in the Miami area - maybe we can talk later about our real estate objectives and related financing requirements. Thanks.