Finance for 75k property

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Andrew PostellPro Member
Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
2d

@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 · 128 posts · 40 votes
    2d

    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
    2d

    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 · 6 votes
      1d

      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 · 6 votes
      1d

      @Ross Saldanha thanks

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

      @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 · 9 posts · 1 vote
    2d

    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
    2d

    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
    2d

    @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 · 0 votes
    2d

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

    0Reply
  • Rick Matinez
    Lender · Nevada. · Member since 2026 · 8 posts · 3 votes
    1d

    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 · 470 posts · 195 votes
    1d

    @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]
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    0Reply
  • Valentina Dalia
    Lender · 699 14th St NW, WA · Member since 2026 · 5 posts · 1 vote
    1d

    Hello,

    Yes, financing may be possible for a property of approximately $75,000, including in some cases for a borrower with an ITIN. However, eligibility will depend in particular on the profile of the borrower, his income, his credit history, the available contribution, as well as the characteristics and profitability of the property.

    It would be best to have the file and property information reviewed to determine the appropriate financing options.

    If you wish, you can share more details about the property and your financial situation, and I will be able to tell you the main elements to check.

    1Reply
  • Ross Saldanha
    OP
    Member since 2025 · 10 posts · 6 votes
    1d

    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 · 6 votes
    1d

    Will do thanks

    0Reply
  • Ross Saldanha
    OP
    Member since 2025 · 10 posts · 6 votes
    1d

    Thanks Ezekiel

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

    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 · 31 posts · 7 votes
    1h

    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
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