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Updated over 9 years ago on . Most recent reply
Seeking Private or Non-Conventional Financing for Indianapolis RE
Hello-
I'm currently seeking non-conventional or private financing for a cash out refinance on 2 rental properties located in Indianapolis. I own the properties free and clear under an LLC so lender will get 1st position. I'm seeking 20-30 year terms and also open to 2 year balloon payments. Please email terms, rates, and fees. The general information on the properties is below.
2/1 SFH
Fully rehabbed
Purchased 10/2015
Currently rented $600/mo
Approximate value $45K-60K
4/1 SFH
Full rehab to be completed in the next week
Purchased 7/2015
Approximate value $100K-115K
Approximate rent $850/mo
Offering