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Updated over 8 years ago,

User Stats

200
Posts
87
Votes
Edward Rhoads
  • Rental Property Investor
  • Indianapolis, IN
87
Votes |
200
Posts

Any medium priced Indiapolis lenders?

Edward Rhoads
  • Rental Property Investor
  • Indianapolis, IN
Posted

Does anybody know of any good reliable private lenders that lend for Indianapolis who:

1) lend to LLCs

2) are fine if the money comes from a heloc

3) are at 8% or less interest

4) are at 2 pts or less

5) are at 1500 of other fees or less?

6) will loan at least 80% of purchase price

7) can do less than 30 days

Trying to set up a fix and flip that is way over my current liquid assets...  Most of what I see are 12-14% and 3-5 pts or are cheap money but 45-60 days.