Whom do you work with in St Louis for financing?

Whom do you work with in St Louis for financing?

Investor · Saint Louis, MO · Member since 2015 · 16 posts · 3 votes

Good evening! My husband and I are working on building our real estate investment portfolio. Currently, we have two condo units. Earlier this year we sold a duplex and put the money in a 1031 exchange in order to maximize our ability to spend on our next property. We are currently looking at another multi-family situation closer to where we live (west of St. Louis) for our 1031 funds. Who do Bigger Pockets members in St Louis find good to work with for financing? In advance, thank you for your anticipated advice!

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Peter MacKercherBusiness Member
Residential Real Estate Broker · Saint Louis, MO · Member since 2014 · 1k+ posts · 567 votes
10y

@Charli Stevens Hey Charli, I'll follow up with you in a PM with some referrals that should be of use to you.

Cheers!

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  • Peter MacKercherBusiness Member
    Residential Real Estate Broker · Saint Louis, MO · Member since 2014 · 1k+ posts · 567 votes
    10y

    @Charli Stevens Hey Charli, I'll follow up with you in a PM with some referrals that should be of use to you.

    Cheers!

  • Investor · Saint Louis, MO · Member since 2015 · 16 posts · 3 votes
    10y

    Thank you!

  • Investor · McKinney, TX · Member since 2009 · 405 posts · 160 votes
    10y

    Sent you a PM with lender we used in STL for a vacation / second home we purchased there. 

  • Investor · Saint Louis, MO · Member since 2015 · 16 posts · 3 votes
    10y

    Peter: 

    Thank you so much!

    Charli

  • Investor · Edwardsville, IL · Member since 2015 · 432 posts · 481 votes
    10y

    @Charli Stevens  I am not an attorney but you might have a problem using the 1031 funds if you didn't specify another property / properties that you wanted to invest the funds into.  I would check with whoever setup your 1031 exchange for you.  Better to find out now!

  • Investor · Saint Louis, MO · Member since 2015 · 16 posts · 3 votes
    10y

    Jim, thank you. Yes, you would be right. We are in the process of doing that. I'm trying to be exacting. Thanks for the advice! 

  • Rental Property Investor · Concord, CA · Member since 2016 · 499 posts · 219 votes
    10y

    @Kevin C. 

    @Peter MacKercher

    Would appreciate a PM with those referrals as well.

  • Peter MacKercherBusiness Member
    Residential Real Estate Broker · Saint Louis, MO · Member since 2014 · 1k+ posts · 567 votes
    10y

    @Avi Garg Sent!

  • Investor · McKinney, TX · Member since 2009 · 405 posts · 160 votes
    10y

    @Avi Garg

    PM sent.

  • Investor · st louis, MO · Member since 2014 · 57 posts · 26 votes
    10y
    Any locally that do under 50k?
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