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Updated over 6 years ago on . Most recent reply

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Chris Collins
  • San Diego, CA
15
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30
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Multifamily lender needed

Chris Collins
  • San Diego, CA
Posted

I'm looking to go under contract on an 8-unit and 20-unit MF deal in the Cleveland area. Does anyone have a recommendation on a bank that will lend to someone out of state?

  • Chris Collins
  • Most Popular Reply

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    Ryan Evans
    • Rental Property Investor
    • Cleveland, OH
    769
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    653
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    Ryan Evans
    • Rental Property Investor
    • Cleveland, OH
    Replied

    From my experience, it seems like most commercial lenders don't care where you are as you're talking about a non-residential loan. There are probably plenty in your area you can talk to about lending in OH. 

    As for property managers, that question gets asked almost daily so you'll probably have better luck doing some research on the forums. I've only ever met one person here who was happy with their PM, so do your homework!

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