75% ARV Financing on Residential MKE Properties

[Cal Rohrman]

Hi guys,

Does anybody know financial instituitions that lend 75% ARV on residential properties in the Milwaukee area?

My partner and I have been working hard acquiring off market properties for well below market value in the Milwaukee area. In the last 2 months we've closed on 8 properties, 11 total units (all residential). Our plan is to receive the 75% ARV but we are having a hard time finding the right financial instituition to lend to us and grow with us as a company.

Any help or suggestions would be much appreciated. Thanks everybody.

[Harjeet Bhatti]

@Cal Rohrman You can go up to 75% LTV under conventional loan for 1 unit type of property if you wait for 6 month seasoning period otherwise 70%LTV is max under delayed financing exception.