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Updated over 6 years ago on . Most recent reply

User Stats

17
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3
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Jared Kampschroeder
  • Insurance Agent
  • Colorado Springs, CO
3
Votes |
17
Posts

Loan Companies in Virginia?

Jared Kampschroeder
  • Insurance Agent
  • Colorado Springs, CO
Posted

I'm trying to buy my first investment property in the Hampton Roads area in Virginia but the lending company I'm talking to will only give minimum loan of $50,000. I found a property with a lot of sweat equity in it and can create a great deal but my downpayment would drop the loan amount below 50k. Does anybody know any good companies in the area that will give smaller loans around 40 or 45k?

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