All Forum Posts by: Aaron Hall

@Antoine Martel I will be looking to buy properties in a smaller up and coming town outside of Nashville, TN. I guess I was trying to get at, when I call these banks do relationships usually play a role in the terms? Say if I call the local bank in town and ask if they accept 20% down payment, would having a well established relationship possibly sway what would originally be a 30% down payment to a 20%(example, obviously)?

@Chris MasonThank you for that information that was very helpful. We are looking at non owner occupied, so good to know!

Hi all! Total RE newbie here. I've been reading articles and around the forums regarding funding options for RE investments, and me and my father(partner) are interested in acquiring some SFR units in the future.

My father has mentioned that he has a good relationship with a local banker in town that he could pull 30% down payment for another RE investment. Reading around the forums it seems many have be able to land a 20% down payment. My question is, when I'm calling around the banks and asking about RE investment financing and the down payment that would be required, is it as simple as asking what they require for down payments or do i need a good relationship with a bank before I can ask for those terms(for 20% specifically)? I would obviously much rather find us a banker that could work with a 20% down payment rather than 30%. I have no experience in how these things work so I need advice please. Thanks!

This was inspiring. Great post. Congrats.