Updated almost 3 years ago on . Most recent reply
LLC loan under 60k
I'm in the St. Louis , mo area looking for a lender for an investment property that I'm looking to purchase for 70k or less. Any lenders do LLC loans under 60k?
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A local credit unit would be your best bet. Some offer construction costs to be paid with interest only payments for a period of time, which you can then convert into a long term loan if you build up forced appreciation. They lend on those with the agreement that you'd use them for the long term buy and hold.