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User Stats

11
Posts
2
Votes
Nova T.
  • Investor
  • Indianapolis, IN
2
Votes |
11
Posts

Blanket Loan for Marion, IN Package

Nova T.
  • Investor
  • Indianapolis, IN
Posted Jan 25 2022, 15:59

I have a 19 property package in Marion, IN. Looking for recommendations to get a blanket loan to close on the package. The values would be like $45k each property. The issue I’m currently having is finding a lender who is willing to accept the current values to qualify. Most of everyone I’ve already contacted require minimum property value of $75k-$100k. Does anyone have any lending recommendations for blanket loan lending in Marion, IN?

User Stats

131
Posts
66
Votes
Jonah Hartsburg
Pro Member
  • Investor
  • Marion, IN
66
Votes |
131
Posts
Jonah Hartsburg
Pro Member
  • Investor
  • Marion, IN
Replied Jan 25 2022, 16:31

I do! I’ll message you.

User Stats

7,881
Posts
6,281
Votes
Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
6,281
Votes |
7,881
Posts
Andrew Postell
Lender
Pro Member
#1 Creative Real Estate Financing Contributor
  • Lender
  • Fort Worth, TX
Replied Jan 25 2022, 20:29

@Nova T. I see you have a comment already but try posting in the Indiana forum.  There's usually some good locals that monitor that forum and should have some good suggestions.  

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User Stats

11
Posts
2
Votes
Nova T.
  • Investor
  • Indianapolis, IN
2
Votes |
11
Posts
Nova T.
  • Investor
  • Indianapolis, IN
Replied Jan 26 2022, 05:38

@Jonah Hartsburg okay thanks! I’ll be on the lookout for your message.

User Stats

11
Posts
2
Votes
Nova T.
  • Investor
  • Indianapolis, IN
2
Votes |
11
Posts
Nova T.
  • Investor
  • Indianapolis, IN
Replied Jan 26 2022, 06:23

@Andrew Postell thanks! I just made the post there. I’ll be looking out.