Updated almost 2 years ago on . Most recent reply

Lenders that will finance deals $100k and below
Good morning! Anyone know of lenders that will finance a deal that's $100K or less? I'm looking to purchase below market and build equity by renovating so I am seeking lenders that will finance the purchase and renovation if it's under $100k.
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Hello Melissa,
Second what @Magnus Wikström said, I have some clients that use HMC for below 100k loans, but they can be a bit pricey on fees/origination (but some creative intricacies to help get deals done). What in particular are you looking for? I'm guessing it is a rehab loan, or are you needing a DSCR program below 100k?
ROC Capital is a good group for deals below 100k, as they also have a Snap Draw process that is pretty solid.