LTV Lenders in Cedar Rapids Area

[Doug Karkow]

Hello BP community!! Is anyone aware of a lender in the Linn County or Johnson County areas that will lend based on appraised value (LTV) rather than on cost (LTC)?

[Michael Barnhart]

@Doug Karkow Hills Bank is the best I found in Cedar Rapids. If you plan on BRRRRing, after your tenants are in place they will have it appraised and refinance it up to 80% LTV. Hope this helps!