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Creative Real Estate Financing
HomeForumsCreative Real Estate FinancingNeed loan to buy $15,000 House.
Derrick Wortman's profile image
Derrick Wortman's profile image
Derrick Wortman
  • Rental Property Investor
  • from Newton Falls, Ohio
  • Member since Apr 15, 2019
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Derrick Wortman's profile image
Derrick Wortman's profile image
Derrick Wortman
  • Rental Property Investor
  • from Newton Falls, Ohio
  • Member since Apr 15, 2019
Connect
Derrick Wortman
  • Rental Property Investor
  • Newton Falls, OH
7
Votes |
19
Posts
Creative Real Estate Financing

Need loan to buy $15,000 House.

Derrick Wortman
  • Rental Property Investor
  • Newton Falls, OH
Posted Aug 2 2019, 15:58

Hey All!

There is an investment property in Ohio very close to me that is for sale for $15,000. I have a few thousand but not the entire $15,000. I know I could easily fix this up for $3000 and start renting it out for $700 at least a month.

My question:

How can I get financing for $13-15k to purchase this house. Are there specific loans I can only get to purchase an investment property? Thanks everyone!!

-Derrick

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