Hard Money Lenders issues
All the research I’ve done through Bigger Pockets, I cant seem to find a Hard Money lender to lend under $50,000.
In my area (Illinois) there are properties selling between $5,000-$10,000. With an estimated Reno costs between $20,000-30,000. ARV $50,000-$60,000. Is it worth it to not explore these deals and expand my vision to houses in the $30,000-40,000 range to be able to meet the loan value minimum of $50,000?