Portfolio Lenders/Asset-based Lenders in Delaware

Portfolio Lenders/Asset-based Lenders in Delaware

Rental Property Investor · Garden Grove, CA · Member since 2012 · 100 posts · 69 votes

Hello all, would anyone be able to refer me to a portfolio lender/asset-based lender who services the Wilmington area? I am out-of-state but looking to buy a long-term buy and hold in Elsmere. I have the 25% down payment and high credit score but am afraid I have maxed out my DTI. Thank you in advance.

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Rental Property Investor · Newark, DE · Member since 2018 · 31 posts · 13 votes
6y

Daniel

I would ask this question on the DelREIA FB group page. Better chance of finding local talent. Good luck.

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  • Rental Property Investor · Newark, DE · Member since 2018 · 31 posts · 13 votes
    6y

    Daniel

    I would ask this question on the DelREIA FB group page. Better chance of finding local talent. Good luck.

  • Rental Property Investor · Garden Grove, CA · Member since 2012 · 100 posts · 69 votes
    6y

    Thank you @Donte Handy I already did so but just thought I'd reach out to the BP folks as well.

  • Investor · Wilmington, DE · Member since 2013 · 394 posts · 123 votes
    6y

    @Daniel Kim DELREIA.com has funding options. You can also find Josh Sell with Sequel investments on the Delreia FB page. Look up Andrew Mcdannels of The Hard Money Team on FB. He lens in DE.

  • James MasottiPro Member
    Rental Property Investor · Washington Township, NJ · Member since 2015 · 1k+ posts · 976 votes
    6y
    Originally posted by @Daniel Kim:

    Hello all, would anyone be able to refer me to a portfolio lender/asset-based lender who services the Wilmington area? I am out-of-state but looking to buy a long-term buy and hold in Elsmere. I have the 25% down payment and high credit score but am afraid I have maxed out my DTI. Thank you in advance.

    I'm assuming this is a commercial loan, check in with Jason Sheehan at Meridian Bank. Shoot me a PM for contact info.

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