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Updated over 6 years ago on . Most recent reply

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Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
1,140
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Indianapolis area hard money lenders

Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
Posted

Hi All,

I've been looking around for hard money lenders in Indianapolis and am not doing too well. Any recommendations? As an fyi, I don't have a property yet; this is primarily to set myself up for doing deals beginning in 2019. Thanks.

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Jon S.
  • Lender
  • Dallas, TX
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Jon S.
  • Lender
  • Dallas, TX
Replied

If you are building a rental portfolio you will need a good HML, a long-term lender, and potentially a larger term loan provider.

I recommend Beth Linson as a local long-term lender.  She works at PRMG in Indianapolis and has a lot of experience with investors.

For a term or blanket loan I recommend Corevest.  Once you reach the FNMA threshold of 10 properties financed, they are a very good option to consolidate the notes.

Happy to help with any other questions.  You can PM me anytime.  Thanks.

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