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Updated over 8 years ago on . Most recent reply

User Stats

19
Posts
5
Votes
Apurva Sanghavi
  • Rental Property Investor
  • Houston, TX
5
Votes |
19
Posts

4 Property Package - Seeking Rental Financing

Apurva Sanghavi
  • Rental Property Investor
  • Houston, TX
Posted

Hi BP!

Im under contract on a package of 4 Single Family Rentals in Cypress Tx.  All 4 are in great condition and tenant occupied.  I'd like to see who you guys would recommend for financing options for these?  I'd love to find a lender who'd lend on appraised value instead of contract value as i'm buying at a discount.  I know this may not be an option, but figured id ask.  

Id like to buy them in my current LLC that holds my other properties rather than take on more loans in my personal name, but of course happy to guaranty them personally.

Let me know what options are out there and what kind of LTV, rates, and fees you're seeing?

Thanks in advance! 

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