How is everyone financing smaller investment properties?

[John Anderson]

Hi all,

I live in the Bay Area, but I am looking to do some long-distance real estate investing. I am targeting the Cleveland Ohio area, due to having some family in the area. I’m looking to do smaller 2-4 units in the $50k-$100k range to start.

I have a solid W-2 income, but I am scratching my head as to how folks are getting financing for smaller investment properties. Interest rates are obviously through the ceiling, and no lender seems to have any options for me. If anyone could please provide me with any guidance, I would greatly appreciate it. Thank you!

[Ashley Cross]

My team lends in Cleveland, Ohio. We'll go down to a $30k loan amount. The best way to do it is work with a conventional lender that does a lot of business in Cleveland. Some lenders won't bother because of the lower loan amount.