Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
![Ryan Kinsella's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/720608/1621496065-avatar-ryank104.jpg?twic=v1/output=image/cover=128x128&v=2)
Looking to finance a couple properties
Hello everyone. I'm looking for some ideas on financing. These properties are near a major college in Indiana. Here is the situation:
- Property #1- This is a large 3 unit complex.
- Unit 1- 4 bed 1.5 bath rents $700
-Unit 2- 4 bed 1.5 bath (remodeled) rents $925
Unit 3- 2 bed 1 bath rents $595
This property is owned and not currently financed. Purchased for $102k and have put about $20k into it. I would like to get it under a 30 year and pull $$$ from this to purchase more. I guess this is what you would call a BRRRR. Can anyone get higher than 75% LTV on a 3 unit?
- Property #2- This one is a 3 bed 1 bath single family
- currently rented for $700
This property is also owned outright and not financed. It was purchased as a steal for $37k. I'm guessing it should be worth around $50k. The problem I'm running into with this one is most banks will not finance something that small.
Any ideas? I appreciate your feedback