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Updated over 6 years ago on . Most recent reply

User Stats

179
Posts
59
Votes
Jeremy A.
  • Rental Property Investor
  • Maine
59
Votes |
179
Posts

highest LTV lenders cover Maine ?

Jeremy A.
  • Rental Property Investor
  • Maine
Posted

after 2 months wasting time and had move out before i could refi with quicken loans they quoted me 60 LTV for my rehabbed 3 unit. seems low for 720 credit score and noi per month of $1300

ARV is $195k

put 35k into it

 financed 100k

i expected 70-80%LTV

any suggestions who turn to?

its my first BRRRR and can only pull out 30k if appraises at 195k.

Most Popular Reply

User Stats

148
Posts
27
Votes
Rob Milliken
  • Wholesaler
  • Union, ME
27
Votes |
148
Posts
Rob Milliken
  • Wholesaler
  • Union, ME
Replied

You could also become a member of Connected investors and let investors Bid on your loan. You may or may not get several offers. See if anything works there

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