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Updated over 1 year ago on . Most recent reply

Haley Cisar's profile image
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Haley Cisar
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Haley Cisar's profile image
Haley Cisar's profile image
Haley Cisar
  • Member since Dec 29, 2022
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Haley Cisar
16
Votes |
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Creative Real Estate Financing

Lending options for a duplex!

Haley Cisar
Posted

Hey yall, I found a great duplex in Indianapolis I'm looking to buy and hold. Just need some cosmetic updates. They are asking 109k and we are able to put down 25-30%. Our current lender will not loan due to the loan size. 

What other creative funding options do I have here? We do have a heloc option on our current primary we can use too up to 50k. But of course the interest is high and fluctuating. TIA!

Indianapolis, Indiana
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Devin Peterson's profile image
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Devin Peterson
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Devin Peterson's profile image
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Devin Peterson
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Devin Peterson
  • Lender
Replied

What is the loan size? I know of a few places that go down to 75k

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