Private Lending & Conventional Mortgage Advice

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Bobby Paquette
  • Investor
  • Charleston, SC
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Lending Opportunities in Toledo

Bobby Paquette
  • Investor
  • Charleston, SC
Posted May 14 2023, 02:04

Anyone have a lender who is looking to be my go-to as I expand into Toledo, OH? I have properties in Cincy, Newport, outskirts of Indy, and I want to expand into Toledo. I have a team there but I am shopping around for lenders who can lend on the properties, some may be less than $100K. If you are someone who can do it, or know someone who can shoot me a message! 

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Dave Poeppelmeier
  • Realtor
  • Maumee, OH
671
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445
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Dave Poeppelmeier
  • Realtor
  • Maumee, OH
Replied May 14 2023, 05:48
Quote from @Bobby Paquette:

Anyone have a lender who is looking to be my go-to as I expand into Toledo, OH? I have properties in Cincy, Newport, outskirts of Indy, and I want to expand into Toledo. I have a team there but I am shopping around for lenders who can lend on the properties, some may be less than $100K. If you are someone who can do it, or know someone who can shoot me a message! 

@Chris Wharton is my go-to, he's in Columbus but can lend all over Ohio. I deal with sub-100k properties all the time and his team has been fantastic. 

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Anthony L Amos Jr
  • Real Estate Agent
  • Columbus, OH
455
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360
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Anthony L Amos Jr
  • Real Estate Agent
  • Columbus, OH
Replied May 14 2023, 06:46
Quote from @Bobby Paquette:

Anyone have a lender who is looking to be my go-to as I expand into Toledo, OH? I have properties in Cincy, Newport, outskirts of Indy, and I want to expand into Toledo. I have a team there but I am shopping around for lenders who can lend on the properties, some may be less than $100K. If you are someone who can do it, or know someone who can shoot me a message! 


 I'm currently working with a lender and client on a sub 100k duplex in Toledo. I can send you my lender contacts

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Bobby Paquette
  • Investor
  • Charleston, SC
67
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183
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Bobby Paquette
  • Investor
  • Charleston, SC
Replied May 14 2023, 09:38
Quote from @Dave Poeppelmeier:
Quote from @Bobby Paquette:

Anyone have a lender who is looking to be my go-to as I expand into Toledo, OH? I have properties in Cincy, Newport, outskirts of Indy, and I want to expand into Toledo. I have a team there but I am shopping around for lenders who can lend on the properties, some may be less than $100K. If you are someone who can do it, or know someone who can shoot me a message! 

@Chris Wharton is my go-to, he's in Columbus but can lend all over Ohio. I deal with sub-100k properties all the time and his team has been fantastic. 


 Thanks, Ill message him! 

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183
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Bobby Paquette
  • Investor
  • Charleston, SC
67
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183
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Bobby Paquette
  • Investor
  • Charleston, SC
Replied May 14 2023, 09:38
Quote from @Anthony L Amos Jr:
Quote from @Bobby Paquette:

Anyone have a lender who is looking to be my go-to as I expand into Toledo, OH? I have properties in Cincy, Newport, outskirts of Indy, and I want to expand into Toledo. I have a team there but I am shopping around for lenders who can lend on the properties, some may be less than $100K. If you are someone who can do it, or know someone who can shoot me a message! 


 I'm currently working with a lender and client on a sub 100k duplex in Toledo. I can send you my lender contacts


 Got your email, thank you!! 

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Chris Wharton
  • Lender
  • Columbus, Oh
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Chris Wharton
  • Lender
  • Columbus, Oh
Replied May 15 2023, 06:24

Bobby - let's connect and see how we might be able to assist.

Sub $100k is no prob on our end.

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Brandon Beardt
  • Lender
  • Pasadena, CA
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213
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Brandon Beardt
  • Lender
  • Pasadena, CA
Replied May 15 2023, 09:56
Quote from @Bobby Paquette:

Anyone have a lender who is looking to be my go-to as I expand into Toledo, OH? I have properties in Cincy, Newport, outskirts of Indy, and I want to expand into Toledo. I have a team there but I am shopping around for lenders who can lend on the properties, some may be less than $100K. If you are someone who can do it, or know someone who can shoot me a message! 


 Bobby,

What type of financing are you looking for with your expansion into Toledo? Properties sub $100K are usually no issue as long as the minimum loan amounts are met and they aren't rural. Best of luck in completing your team!

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Zach Edelman#3 Short-Term & Vacation Rental Discussions Contributor
  • Lender
  • Austin, TX
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825
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Zach Edelman#3 Short-Term & Vacation Rental Discussions Contributor
  • Lender
  • Austin, TX
Replied May 17 2023, 06:32

Some DSCR lenders are be able to go down to as low as $75K! I would call DSCR lenders up and see what their minimum loan amounts are!

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Dave Skow#5 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Seattle, WA
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Replied May 17 2023, 14:33

@Bobby Paquette- thanks -  there are some lenders that will not  lend that low .....but there are many that will