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Updated over 7 years ago on . Most recent reply

User Stats

114
Posts
29
Votes
Carlos Pelegrina
  • Investor
  • New York City, NY
29
Votes |
114
Posts

How do you finance cheap properties? blanket or commercial loan?

Carlos Pelegrina
  • Investor
  • New York City, NY
Posted

Im trying to buy some properties in Cleveland OH; because the prices are in most cases pretty low too low, its very hard to qualify for an standard loan that in most cases start lending in 70K

I'm looking to finance two homes in the 60K/70K probably with need a blanket or a commercial loan.

I might need if possible to include rehab cost as part of the loans.

Any ideas how to creatively finance cheap properties?

any help I would really appreciate.

  • Carlos Pelegrina
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