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Updated about 9 years ago, 12/02/2015

User Stats

4
Posts
1
Votes
Raquel Olonde
  • Investor
  • Centennial, CO
1
Votes |
4
Posts

Lender in Colorado & in Indiana?

Raquel Olonde
  • Investor
  • Centennial, CO
Posted

I live in Colorado and I have 4 rental properties in Indiana(3 single family & 1 triplex). I own them outright under the one LLC. I bought them this year. Now I am looking for a cash out loan for the 4 properties. I estimated they are worth a little over $200k, and I would like to get a 75% LTV loan, so I'm looking for a $150k loan. Anyone know any lenders??

I have one lender but their rate is too high. All the other lenders I've called either say they want portfolio loans of $300k+ or the lenders in Indiana only want to lend to investors who live in Indiana.

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