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Updated over 7 years ago on . Most recent reply

User Stats

22
Posts
18
Votes
Thomas Chapin
  • Rental Property Investor
  • Little Rock, AR
18
Votes |
22
Posts

Seeking additional banks for commercial loans on OF homes

Thomas Chapin
  • Rental Property Investor
  • Little Rock, AR
Posted

Hey BP, my family has been owner financing homes to others by way of contract for deed agreements. We are looking for additional lenders to help us with loans on these homes as we expand. Our favorite bank so far has been easy to work with on terms, but is very slow. We currently have 1-6 homes that we'd like to recoup our costs so we can keep it rolling. We haven't ever worked with an out of state bank, but would love to see what's out there.  Thanks for any suggestions or help!

  • Thomas Chapin
  • Offering

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