Financing for a Duplex in Northwest Indiana

[Andy Gurczak]

First time posting on BB :) 

My wife and I currently own two duplexes in Northwest Indiana. We are putting an offer on a REO duplex close by our other two duplexes. I own two businesses and I hired a bookkeeper to work on my books and still have not filed taxes for 2016. I do have an extension and my accountant is aware that I have someone getting my books all straighten out. I should have everything within a month.

My question is, what are my options of getting the deal financed till I can secure a loan from my bank? I have a good relationship with a local bank but need my taxes done. The property is on the market for 128k and the ARV should be around 180-190k. Would appreciate any feedback or any advice! What other ways can we get a loan?

[Tim Davis]

Check with Lima One Capital.  They have some interesting products available for investors.  I did a deal with them last year.