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Updated about 9 years ago,
Indianapolis Lender
Hi all thank you for reading my post.
I am currently looking into buying more properties in Indianapolis. Ia m interested in buying properties with my partner through an LLC. Currently we own four properties in California that are owned personally. We are looking to expand out portfolio and continue our purchasing model. What we do is purchase a property with cash, add value by fixing it up, rent it our, then refinance at the new higher market value. Typically we like to get loan between 70 and 75% of the new appraised value. We are looking for lenders that would be able to do this type of loan for us. Some of the loan may be under $50,000. Does anyone have any lender recommendations?