Is it possible to obtain financing under 50k?

[James Peluso]

I’m interested in a few properties that are under 50k. I have enough funds to pay for one property cash. I’d rather not do that and perhaps use that money for multiple down payments. Is the any way to obtain financing from a bank under 50k?

[Brian Van Pelt]

@James Peluso

. From lenders who are brokers and sell products from national sources generally ... no
. From an independent local bank .... possibly
. Consider asking a local bank for a signature loan, depending on your qualifications

[Marco Bario]

@James Peluso - Ask your seller if they're interested in financing the purchase (seller financing). Any potential buyer they encouter would have the same issue obtaining a sub $50K loan.