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Updated over 8 years ago on . Most recent reply

User Stats

46
Posts
63
Votes
Dale Carlson
  • Rental Property Investor
  • Port Washington, WI
63
Votes |
46
Posts

need financing for triplex

Dale Carlson
  • Rental Property Investor
  • Port Washington, WI
Posted

My sister and I own a triplex in Iowa with NO mortgage.  we paid cash.  we have renovated the apartments, and have them rented out with year leases.  We would now like to take a $50,000 loan out (15 year loan), to go buy another apartment.  We believe the value would be around $90k. Can anyone refer a lender to me that would be interested in this?  Thanks.

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