Finance for 75k property

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Andrew PostellPro Member
Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
4d

@Ross Saldanha you've got some good comments above but what you are looking for would likely come from a local lender. Now, I can't tell what market you are in...but if it's a major metropolitian area, your chances improve some. What I would do is go to the Facebook and join some "Real Estate Investor" Group pages on facebook. For example, I live in Fort Worth, Texas. There are many "Texas" facebook groups. And there are also some "Fort Worth" facebook groups. So, join both the "state" and "city" group pages. Some of these groups will have thousands of members. And then ask this question in there. I think that will get you a higher success rate of finding what you are looking for. Good luck!

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  • John Leland
    Specialist · I give advice - [email protected] - I focus on states where investing is profitable, reasonably safe & secure · Member since 2026 · 140 posts · 48 votes
    5d

    Most lenders I know have a minimum of $100,000 because of the realities and expenses involved. For a $75.000 property Fix & Flip a lender would likely lend 65% of either the purchase price or the value of the property, whichever is lower. Yeah, I know that sucks. Well, they are lenders, they want to make money. You would be better off doing a direct sale/loan with the current owner. Then get a small loan from a Credit Union.

    0Reply
  • Scott WolfPro Member
    Lender · Boca Raton, FL · Member since 2014 · 1k+ posts · 959 votes
    5d

    Hi @Ross Saldanha
    A bit more info is needed. It is possible depending on the rehab budget, the ARV, how many rehabs you've done in the past 3 years and the location.
    Feel free to put the info here on the forum, or happy to chat offline.

    Best,

    Scott

    0Reply
    • Ross Saldanha
      OP
      Member since 2025 · 10 posts · 8 votes
      4d

      Hi Scott, I've done a 1 brrr in the past 3 years. Now looking to don't more - typical ARV looking 110-125 thanka

      0Reply
    • Ross Saldanha
      OP
      Member since 2025 · 10 posts · 8 votes
      4d

      @Ross Saldanha thanks

      0Reply
    • Scott WolfPro Member
      Lender · Boca Raton, FL · Member since 2014 · 1k+ posts · 959 votes
      3d

      @Ross Saldanha so what's the renovation amount?

      Like many have said, our guidelines do have a $100k minimum loan amount, so this would fall outside our lending box.

      0Reply
  • Marc Del Priore
    Lender · Philadelphia, PA · Member since 2024 · 12 posts · 4 votes
    4d

    Hi Ross — a fix-and-flip loan on a $75K property can be tough because many hard money lenders have $100K loan minimums, so the purchase price, rehab budget, and ARV have to add up to a loan amount that clears their floor. Your prior rehab experience helps, and lenders will also ask how the ITIN piece is documented and what your exit is — sale or refinance. I am Marc with Royal Partners — if you want, DM me the purchase price, rehab estimate, and expected ARV and I will tell you honestly whether it pencils for the lenders I work with.

    1Reply
  • Lee Burns
    Investor · Chicago, IL · Member since 2018 · 336 posts · 161 votes
    4d

    I'm pretty sure I can help with this if you'd like to reach out

    1Reply
  • Andrew PostellPro Member
    Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
    4d

    @Ross Saldanha you've got some good comments above but what you are looking for would likely come from a local lender. Now, I can't tell what market you are in...but if it's a major metropolitian area, your chances improve some. What I would do is go to the Facebook and join some "Real Estate Investor" Group pages on facebook. For example, I live in Fort Worth, Texas. There are many "Texas" facebook groups. And there are also some "Fort Worth" facebook groups. So, join both the "state" and "city" group pages. Some of these groups will have thousands of members. And then ask this question in there. I think that will get you a higher success rate of finding what you are looking for. Good luck!

    1Reply
  • Ezekiel Williams
    Lender · Atlanta · Member since 2025 · 8 posts · 1 vote
    4d

    We have a $50,000 minimum loan amount for fix and flips. The property should be worth $75,000 value.

    1Reply
  • Rick Matinez
    Lender · Nevada. · Member since 2026 · 9 posts · 5 votes
    4d

    Hey! Yes, you can - but $75k purchase price is where most fix & flip lenders tap out.

    Here's the reality:

    1. The $75k Issue: Most hard money / fix & flip lenders have a $100k minimum loan amount, some $75k min. On a $75k purchase, even with 90% LTV you're at a $67.5k loan, which is below most lenders' floor. You need to find a lender who will go down to $50k-$75k min.

    2. The ITIN: That cuts your lender pool by about 80%. Most of the big national HMLs (Kiavi, Lima One, etc.) require SSN. You need to look for ITIN-friendly private / hard money lenders. They exist, but expect:
    • 25-35% down (not 10-15%)
    • Slightly higher rate: 10.5% - 12.99%
    • US credit history still helps, even with ITIN

    3. Your Experience: You having done a rehab in that area helps A LOT. Make sure to lead with that. Photos + HUD of that previous deal will help offset the ITIN + low loan amount.

    For Akron specifically: $75k + rehab can work great for BRRRR, but most lenders will want to see your ARV comps are solid. What are you thinking for rehab budget and ARV?

    If you want, DM me your scope of work, purchase + rehab numbers, and I can tell you in 5 mins if I can get it funded for ITIN on our Nevada-based programs or point you to an Ohio ITIN-friendly lender I know.

    • Rick

    0Reply
  • Divin KanyamaBusiness Member
    Accountant · Seattle, WA · Member since 2025 · 520 posts · 213 votes
    4d

    @Ross Saldanha Possibly, but the $75,000 purchase price may be a bigger obstacle than the ITIN. Some private and hard-money lenders work with ITIN borrowers, especially when there is documented rehab experience, but many have minimum loan amounts or minimum property values that could make a smaller deal difficult.

    When speaking with lenders, have the purchase contract, scope of work, rehab budget, contractor bids, comparable sales supporting the after-repair value, timeline, and proof of funds ready. Ask specifically about ITIN eligibility, minimum loan size, down payment, rehab draws, interest, points, fees, reserves, appraisal requirements, and any prepayment penalty. Also compare the total financing cost with local private lenders, community banks, and credit unions—the fees on a small loan can quickly consume the profit. Your prior rehab experience should help if you can document the results.

    [email protected]
    WEMBO CPA532 Reviews
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    0Reply
  • Ross Saldanha
    OP
    Member since 2025 · 10 posts · 8 votes
    4d

    Hi Scott, I've done a 1 brrr in the past 3 years. Now looking to don't more - typical ARV looking 110-125 thanks

    0Reply
  • Ross Saldanha
    OP
    Member since 2025 · 10 posts · 8 votes
    4d

    Will do thanks

    0Reply
  • Ross Saldanha
    OP
    Member since 2025 · 10 posts · 8 votes
    4d

    Thanks Ezekiel

    0Reply
  • Ross Saldanha
    OP
    Member since 2025 · 10 posts · 8 votes
    4d

    Thanks Valentina

    0Reply
  • Ross Saldanha
    Mississauga - Cuyahoga falls Ohio · Member since 2023 · 4 posts · 0 votes
    2d

    Hi all thank everyone for their replies. I just realize I have two damn accounts this post is on the new account. I don’t know how I can merge them. Appreciate the help

    0Reply
  • Nyisha Walton
    Lender · Houston, TX · Member since 2026 · 41 posts · 9 votes
    2d

    My colleague Ome Sanchez specializes in these types of loans and works with lenders that have no minimum loan amount. Happy to share her contact information if you’d like!

    0Reply
  • Quetzaly TorresPro Member
    Investor · Jacksonville, FL · Member since 2026 · 44 posts · 5 votes
    2d

    Ross, what's your estimated rehab budget, and how confident are you in the $110K–$125K ARV?
    With a $75K purchase price, those numbers will determine whether the deal makes sense before we even get into financing costs.

    Here's another angle worth exploring, depending on the seller's situation: have you considered a novation or renovation/profit-sharing agreement?

    Instead of purchasing the property upfront, you could potentially negotiate an arrangement where the seller retains ownership while you handle the rehab and eventual resale. You'd agree on the seller's minimum proceeds and negotiate how to split the remaining net profits — maybe 80/20, 70/30, or whatever makes sense for both parties, depending on who contributes the capital and assumes the risk.

    That could eliminate the need to finance the initial acquisition, although you'd still need funds for renovations and carrying costs. And of course, the agreement would need to be properly structured by a real estate attorney. But first, let's see whether the numbers support either strategy. What's your rehab budget looking like?

    0Reply
    • Ross Saldanha
      Mississauga - Cuyahoga falls Ohio · Member since 2023 · 4 posts · 0 votes
      2d

      Thanks I am trying that angle

      0Reply
    • Quetzaly TorresPro Member
      Investor · Jacksonville, FL · Member since 2026 · 44 posts · 5 votes
      1d

      cool! keep me/us posted on that. Rooting for your success!

      0Reply
  • Alfath AhmedBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2022 · 1k+ posts · 1k+ votes
    2d

    @Ross Saldanha This is definitely possible. I work with a ton of international investors and have a network of 600+ lenders locally, nationally, and internationally. Some lenders have minimum loan amounts and different ITIN requirements, but I can connect you with a few that may be able to help. Send me a PM, happy to make an introduction!

    [email protected]614-802-5698
    ReafCo | Ahmed Group 533 Reviews
    WebsiteView Page
    0Reply
  • J CastroBusiness Member
    Lender · Florida · Member since 2025 · 714 posts · 254 votes
    2d
    Quote from @Ross Saldanha:

    Hey, do you think I can get a fixed and flip loan on a 75K property? I have an ITIN number. I have done a rehab in this similar area. Appreciate any input.

    Yes! We may be able to help with that. As long as the total loan amount, including the purchase price and rehab costs, is at least $75,000, we can explore financing options for your deal. Having an ITIN and previous rehab experience in a similar area is helpful information to consider.

    Feel free to send me a DM with the purchase price, estimated rehab budget, and after-repair value (ARV), and we can take a closer look at your options!

    JCREIG Capital Funding
    WebsiteView Page
    0Reply
    • Quetzaly TorresPro Member
      Investor · Jacksonville, FL · Member since 2026 · 44 posts · 5 votes
      1d

      @J Castro are your lenders open to funding mobile home parks with partial seller carry?

      0Reply
    • J CastroBusiness Member
      Lender · Florida · Member since 2025 · 714 posts · 254 votes
      1h
      Quote from @Quetzaly Torres:

      @J Castro are your lenders open to funding mobile home parks with partial seller carry?

      Yes! We finance mobile home parks and may be able to accommodate a partial seller carry, depending on the deal structure. Send me a DM with the property details, purchase price, and proposed seller financing, and let’s explore your options!

      JCREIG Capital Funding
      WebsiteView Page
      0Reply
  • Nicholas FloydBusiness Member
    NY · Member since 2026 · 305 posts · 101 votes
    22h

    Ross, I wouldn’t rule out financing just because the property is $75K. A lot depends on your credit profile, the property’s after-repair value, your rehab budget, and how the deal is structured.

    I work with real estate investors on alternative business funding options, including 0% APR business credit cards, business lines of credit, and business loans. These can sometimes help when traditional fix-and-flip lenders have minimum loan requirements.

    Having an ITIN doesn’t automatically disqualify you from every funding option, but eligibility will depend on the lender.

    Since you've already completed a rehab in that area, that's definitely useful experience. What's the estimated rehab budget, and are you purchasing through an LLC or personally? That would help narrow down which options might make sense.

    0Reply
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