Texas Loan Amount Less Than 75k

[Josh Darley]

BP,

I'm looking at buying a SFR for 75-100k range in Texas for cash and then doing an immediate cash out refi on it. Does anyone know of lenders in Texas that will loan less than 75k? Less then 50k?

Thanks

[Nick Belsky]

@Josh Darley

I have a few residential lenders who would possible do this, but you'd have to stay at or above $75k.  The commercial lenders I use may go lower.  $50K would really be pushing it.  Checking locally is probably you best bet, but If you want to talk more specific numbers, shoot me a message and we can go from there.

Cheers!

Nick Belsky