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All Forum Posts by: Raquel Olonde

Raquel Olonde has started 2 posts and replied 3 times.

Post: Want to buy in Houston

Raquel OlondePosted
  • Investor
  • Centennial, CO
  • Posts 4
  • Votes 1

I'm a Real Estate Agent in Colorado. I also invest in properties out of state. I'll be in Houston from Thursday to Monday this week and I want to work with an agent who specializes in investment properties, show me some properties and where the best returns in Houston are.

My budget is based on the cash I have $100,000-$150,000 cash, and if I use that as 20% down deposit, my budget will be $500,000-$750,000. I'm also interested in more creative financing as well, owner financing etc.

I'm also looking to build a referral network, people in Colorado are looking out of state for better returns.

Post: Lender in Colorado & in Indiana?

Raquel OlondePosted
  • Investor
  • Centennial, CO
  • Posts 4
  • Votes 1

Fort Wayne.

Post: Lender in Colorado & in Indiana?

Raquel OlondePosted
  • Investor
  • Centennial, CO
  • Posts 4
  • Votes 1

I live in Colorado and I have 4 rental properties in Indiana(3 single family & 1 triplex). I own them outright under the one LLC. I bought them this year. Now I am looking for a cash out loan for the 4 properties. I estimated they are worth a little over $200k, and I would like to get a 75% LTV loan, so I'm looking for a $150k loan. Anyone know any lenders??

I have one lender but their rate is too high. All the other lenders I've called either say they want portfolio loans of $300k+ or the lenders in Indiana only want to lend to investors who live in Indiana.