How to get a loan less than $50k

[Colton Hart]

Hi all. I am looking to purchase my first property. I am looking at some properties under $100k, and even under $50k. I am looking for 5 - 15 acres with or without a small structure/house. My plan is to build a cabin/glamping site to be listed on Airbnb. 

My main concern is finding someone to give such a small loan. I have $10K budget for down payment which is >20% of a $44k single family property I am interested in. 

How am I going to secure this loan??

[Liam OSullivan]

Hi Colton , reach out to Julie Fulling at National Bank of Coxsackie in Cairo , I’ve found her to be very helpful for all types of loans .