Updated about 4 years ago on . Most recent reply
Should I use a mortgage broker to find a portfolio lender?
I really want to start building a relationship with a portfolio lender. I am almost certain that the only option here is to contact a mortgage broker. I have had a difficult time finding one on my own. All of the small banks I have called are selling their loans, and my realtor(s) haven't been able to provide any referrals. What are my best options here? I have read other forums relating to this topic, but I want something a bit more in depth. Local Investors seem to be somewhat secretive about portfolio lenders. I have really reached out to everybody on my team, and we haven't been able to find a solid source. My short-term goal is to own 10 rentals by the age of 25, and I won't be able to due this through big banks. I know I CAN have up to 10, but it seems as though no lenders are willing to do lend on 5+ mortgages. Thanks in advance