Skip to content
Milwaukee Real Estate Forum

User Stats

6
Posts
0
Votes
Tim Coakley
0
Votes |
6
Posts

Trouble Finding Out Of State Refinancing, Wisconsin

Tim Coakley
Posted Sep 1 2020, 10:47

I currently live in South Carolina, but am originally from Milwaukee, WI. I have been looking for BRRRR deals in Milwaukee since the market is much more favorable than my current location. However, I am struggling to find any bank or credit union that will work with an out of state investor. I am looking for a commercial banker, but even with a Wisconsin LLC, they still seem to all require me to be a Wisconsin resident. Has anyone run into this situation and found a way around it?

I also have the possibility of claiming dual residency as my parents still live in the area. Has anyone tried that strategy with success?

Any kind of insight or help you can provide is greatly appreciated as I have struck out on the last eight banks I've tried.

Loading replies...