Getting a Mortgage Under $50,000
Hello Everyone,
I'm currently looking to buy rental property up in Buffalo. Currently, the houses I've been looking at are $50,000 or less. I have enough money for the down payment, but I have heard that a lot of the bigger banks don't offer mortgage loans for anything below $50,000. I am planning to start my search soon, but was wondering what are my other options if I am unable to get a loan from these financial institutions.
Thank you in advance for all of your help!