Rental property financing $50-75K, does it exist??

3 Replies

I’ve researched but keep finding lenders who won’t go below $75K loan amount. Needs to be under my LLC, and based on asset value/rental income. Getting a mortgage in my personal name is not an option. I’m preapproved for larger amounts. The lender minimum is my sticking point. Any suggestions?

Try going to your local commercial bankers. A lot of bigger lenders don't want to mess with small commercial loans, but you should be able to find a local lender that is willing to work with you.