I recently found a duplex I would like to purchase in north east Ohio. The listed price for it is 54,000. I have been unable to find a bank that will do a mortgage on a rental property for this low of an amount. Does anyone know of any banks in the area that would be able to help me out?
you may have luck with a small town bank. It seems like most lenders don't want to touch anything under $50k from what I've heard.
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