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Updated almost 3 years ago on . Most recent reply

User Stats

26
Posts
10
Votes
Michelle Truong
  • Investor
  • Los Angeles, CA
10
Votes |
26
Posts

OOS Investors Looking for Loan in Indiana

Michelle Truong
  • Investor
  • Los Angeles, CA
Posted

Hello BP! 

My husband and I have a property under our LLC in Indiana that we bought cash for $47.5k, put $13k into it, and it's currently renting for $875/mo. We're not completely sure how much it's worth now, but we think it'd be in the mid 70s. We're looking to put a loan on it, but running into trouble with loan minimums.

Is there anyone that could with this OR have any advice?

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