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Snehann Kapnadak
Pro Member
  • Rental Property Investor
  • Philadelphia, PA
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Investor-Friendly Banks in Central NJ?

Snehann Kapnadak
Pro Member
  • Rental Property Investor
  • Philadelphia, PA
Posted Mar 2 2017, 18:58

Hi All,

Hope your week's going well. I'm looking to get pre-approved for a home loan and get my REI career underway (get "locked and loaded", as one podcast guest called it!). My goal is to try and build a good relationship with a local bank to ease the process of financing down the line as I (hopefully!) acquire more properties.

I intend on buying out-of-state through a turnkey provider or through Roofstock, so the bank I would work with would ideally be very investor-friendly and willing to work with me on this investing gameplan.

Does anyone have good recommendations for banks in the Central NJ area? Woodbridge, Edison, Metuchen, etc. Or any banks I should absolutely stay away from would be helpful as well :) I have some student debt, but great credit, so hopefully that will help open some doors to some lower rates!

Please let me know, thanks! 

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