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Post Marketplace Ad

Looking for Local Investor friendly Lenders

4 Replies

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  • Conventional
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  • 1
Jim McColgan
  • 13 posts
  • 6 votes

Jim McColgan
Investor from Orland Park, IL

posted about 1 month ago

I am looking for Investor friendly Banks and Lending Institutions in the Orland Park, Tinley Park, Mokena, Frankfort Illinois, and surrounding areas.

I am looking to establish a working relationship with local Lenders. I would appreciate any information on lenders that you personally have worked with that you felt comfortable with and that felt comfortable working with investors.

I appreciate any information that you can share, from Lenders, Realtors, Investors and or Investor clubs. I am a beginning Investor with Great Credit, Steady Income and some Rehab experience.

David Hooper
  • 39 posts
  • 13 votes

David Hooper
Lender from Fort Collins, CO

replied about 1 month ago

Hi Jim,

I'm in Colorado but my company is based in Chicago-land. It's The Federal Savings Bank and we have a variety of investor-friendly loan programs. If you'd like, I can reach out to individuals out of the Chicago or Oak Brook offices on your behalf. :) 

-David

Jim McColgan
  • 13 posts
  • 6 votes

Jim McColgan
Investor from Orland Park, IL

replied about 1 month ago

Thanks David. I appreciate your help. Yes, it would ok to have them contact me. Have a memorable day.

Jim

Alex Hamilton
  • 1.7K posts
  • 146 votes

Alex Hamilton
Property Manager from Baton Rouge, Louisiana

replied about 1 month ago

Hello Jim,

You are going to find that most Banks look at investments in real estate as speculative... I say forget the Bank. Use a legal entity (i.e. LLC or corporation) and start business lines of credit. $50,000 to $100,000 lines are available until to you reach your goal.

https://nationalcc.wufoo.com/forms/hamilton-investment-properties/

Please click the Link above, watch our video and apply on-line now. Remember we help Tote the Note on investments in "special Need" housing we manage. Also, we welcome Co-Singers and Business Start-Ups.

1
Montrell Brown
  • 127 posts
  • 13 votes

Montrell Brown
Lender from St Louis, MO

replied about 1 month ago

Hey Jim,

My girl Melvonne Geiger is in Chicago and I'm, personally in St. Louis, so, between the 2 of us, I think we can get you taken care of... Quick closings, low documentation, and very competitive rates!

www.p23finance.com

314-532-6751

[email protected]

  • 1

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