Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago, 12/02/2015
Lender in Colorado & in Indiana?
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.