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Updated over 6 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
Scott Bowers
  • Investor
  • Denver, CO
2
Votes |
5
Posts

Colorado Springs Mortgage Broker

Scott Bowers
  • Investor
  • Denver, CO
Posted

Hi all in the BP uiniverse -

Looking for a mortgage broker in the Colorado Springs/Denver area. Have a four plex I've owned for almost three years and looking to reno three of the units that are vacant at the moment. Want to leverage the equity to pay for the reno plus fund a down payment on another property, probably a four-plex in the Springs. Looking to work with one lender or two, if necessary, to pull an 80% LTV and then a 90% combined LTV on a second mortgage. Willing to do other financing if it accomplishes the same thing - use the equity to reno three units and pull a down payment for a second property. Looking forward to your answers.

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