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Joel Gierbolini
  • Property Manager
  • Hallandale, FL
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52
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Bank loan on a 75k property or less, is it possible?

Joel Gierbolini
  • Property Manager
  • Hallandale, FL
Posted Jun 9 2019, 13:52

I have notice that many (majority) banks don’t like to lend on a property less than 75k. If that’s the case what happens to those that try to purchase properties that are less than 75k? For example in markets like: Detroit, South Carolina or Alabama?

Thanks,

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