Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

13
Posts
5
Votes

Looking for low minimum amount loans for 60-90k properties

Piper Pepperidge
Posted

Most lenders impose a minimum 100-150k lending amount, even less will go below the minimum and lend on an LLC. And 60-90k is also typically too low for dscr loans. Wondering if anyone knows any good places?

Most Popular Reply

User Stats

529
Posts
269
Votes
AJ Exner
  • Lender
  • Springfield, MO
269
Votes |
529
Posts
AJ Exner
  • Lender
  • Springfield, MO
Replied
Quote from @Piper Pepperidge:

Most lenders impose a minimum 100-150k lending amount, even less will go below the minimum and lend on an LLC. And 60-90k is also typically too low for dscr loans. Wondering if anyone knows any good places?


 Hey Piper,

Just shot you a DM but there are some good programs down there but the fees are something to be aware of. Often times when you have minimum loan amounts you also have minimum fees that look fine at $200k-$300k, but at $50k those flat fees are a bigger chunk. 

Good luck!

  • AJ Exner
  • [email protected]
  • 417-427-2612
  • Loading replies...