Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

40
Posts
3
Votes
Jodi Marsh
  • Title Representative
  • Morgantown, WV
3
Votes |
40
Posts

Lender recommendation anyone?

Jodi Marsh
  • Title Representative
  • Morgantown, WV
Posted

I am having a really hard time finding a lender that will lend on 5 doors; I am looking for a 90% or more LTC fix and flip, ideally. I have good credit and its an undervalued property. Any i have found that advertize those terms have horrendous online reviews including being unable to actually close. Anyone??

  • Jodi Marsh
  • Most Popular Reply

    User Stats

    319
    Posts
    156
    Votes
    Issac San Miguel
    • Lender
    • Austin Texas
    156
    Votes |
    319
    Posts
    Issac San Miguel
    • Lender
    • Austin Texas
    Replied
    Quote from @Jodi Marsh:

    I am having a really hard time finding a lender that will lend on 5 doors; I am looking for a 90% or more LTC fix and flip, ideally. I have good credit and its an undervalued property. Any i have found that advertize those terms have horrendous online reviews including being unable to actually close. Anyone??


    85% LTC is easily attainable if you have experience and a good FICO.

    Here is the kicker - 5 door puts you in a category of needing to have a few other 5+ doors or 4 units in your REO history.

    Feel free to reach out if you have any questions.

    Loading replies...