Looking for Lender that will loan as low as $50K in OH & MI.

5 Replies

I am looking for Lenders who will do Buy & Rehab loans as low as $50k at 80-90% LTV.

Specifically in both Detroit, MI and Cleveland, OH.

My REI Strategy is BRRRR, so will ultimately Refi this loan out in 4-8mo.

Thank you

Kevin

Those aren't super aggressive terms. Depending on your experience that's probably pretty doable though 50K is typically the absolutely minimum for lenders. I'm assuming the 50K is both for the purchase and rehab combined?

Originally posted by @Kevin Miller :

I am looking for Lenders who will do Buy & Rehab loans as low as $50k at 80-90% LTV.

Specifically in both Detroit, MI and Cleveland, OH.

My REI Strategy is BRRRR, so will ultimately Refi this loan out in 4-8mo.

Thank you

Kevin

 We've got you covered Kevin. We have several.



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