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Updated over 5 years ago on . Most recent reply

Lenders for Properties below 55K
I am having a hard time finding lenders that are willing to lend on an investment property that the loan would be less than $50K after down payment, can you please assist. Property is located in TN.
Most Popular Reply

I ran into this problem as well @Eric Brenneman, unfortunately, I couldn't find one. Searched high and low too. What I know some cash investors do, is buy 2+ properties of lesser value for cash and then package them into 1 loan with a lender. This is done often. Best of luck!