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Updated about 2 years ago on . Most recent reply

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36
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25
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Faiz Kanash
25
Votes |
36
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Any lenders offering 90% (or more) LTV right now?

Faiz Kanash
Posted

Hey guys,  just looking for a lender recommendation. I just finished my first flip recently and now got it under contract in just a couple of days of listing. Everything is going great, and ive already found the next property to flip that would be a bigger deal than my previous. However, my current house isnt going to close for maybe another 2 weeks, so I'm strapped on cash for a down payment. Wouldn't be able to do 20% down on the purchase price, but i can do 10% down so by the time my current property closes i can go right into the next one. 

My current hard money lender only offers 80% ltv at this moment, So i was looking to see if anyone had any recommendations of any lenders offering 90% ltv(or even higher). One thing i should mention is that i currently only have a 1 flip experience level, this would be my 2nd.

Thanks!

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