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Updated over 8 years ago on . Most recent reply

User Stats

55
Posts
19
Votes
Ian Price
  • Michigan City, IN
19
Votes |
55
Posts

Local Bank Referral Indiana

Ian Price
  • Michigan City, IN
Posted

Investors in Northwest Indiana and South West Michigan, I am lining up my dominos for a BRRRR deal and I need your help.

First thing first, I would appreciate referrals to local banks/credit unions that will do cash out REFI 75%-80% LTV. The target is as short as 6 month seasoning. I am looking at rentals ARV $60,000 - $90,000.

I am making my own list of banks to call on, but warm calls are always better than cold ones. Also, advice on the BRRRR financing process is greatly appreciated.

Thanks

Most Popular Reply

User Stats

153
Posts
37
Votes
Stephen Sokolow
  • Investor
  • South Bend, IN
37
Votes |
153
Posts
Stephen Sokolow
  • Investor
  • South Bend, IN
Replied

@Ian Price If you are considering South Bend area I would start by talking to First Source and maybe Notre Dame Federal Credit Union. I am not sure about the 75-80% LTV but give them a call. They are both and really take the time to understand the deal you are working on.

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