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Updated over 6 years ago on . Most recent reply

Todd Tyler's profile image
Todd Tyler's profile image
Todd Tyler
  • from Los Angeles, CA
  • Member since Mar 18, 2017
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Todd Tyler's profile image
Todd Tyler's profile image
Todd Tyler
  • from Los Angeles, CA
  • Member since Mar 18, 2017
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Todd Tyler
  • Los Angeles, CA
2
Votes |
12
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Private Lending & Conventional Mortgage Advice

80% LTV is it out there?

Todd Tyler
  • Los Angeles, CA
Posted

Hi BP Community. I'm just getting start and have put together the funds for my fist investment. However, I'm having trouble finding a lender that offers 80% LTV on an investment property. I'm looking to purchase a duplex and it will Not be owner occupied. I've been calling a lot of banks with no luck. I'm in Los Angeles and I'm looking to purchase in the Coachella Valley area. Does anyone know of a Lender that offers 80% LTV???

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Brett Goldsmith's profile image
Brett Goldsmith's profile image
Brett Goldsmith
  • Investor
  • from Los Angeles, CA
  • Member since Sep 19, 2012
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Brett Goldsmith's profile image
Brett Goldsmith's profile image
Brett Goldsmith
  • Investor
  • from Los Angeles, CA
  • Member since Sep 19, 2012
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Brett Goldsmith
  • Investor
  • Los Angeles, CA
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Brett Goldsmith
  • Investor
  • Los Angeles, CA
Replied

Most probably want 70% if its your first property but I think if you find a good enough deal and the right private money connection you can make 80% work.

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