Financing for loans under $75K?

[Joanna Gossett]

Does anyone have any suggestions for financing buy/hold deals under 75K? We're looking at buying a few apartment units or small SFH that are in the 50-75K range (ready to rent with minimal work) and are finding that most conventional lenders don't have interest in loans that small. We have enough cash for 20%+ down on multiple properties in this ballpark, but ideally want to purchase a few through some type of financing vs. paying cash for fewer properties. Any thoughts on recommendations for lenders that will lend smaller amounts?

[Daria B.]

Hi @Joanna Gossett

I've not used @Jerry Padilla services yet but he might be able to help you.

Good luck!