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Updated over 6 years ago on .

Sholom Pewzner's profile image
Sholom Pewzner's profile image
Sholom Pewzner
  • Rental Property Investor
  • from Central NJ
  • Member since Jun 14, 2016
  • Posts 5
  • Votes 0
  • Experience 7 Yrs
  • Investments 1
Connect

User Stats

5
Posts
0
Votes
Sholom Pewzner's profile image
Sholom Pewzner's profile image
Sholom Pewzner
  • Rental Property Investor
  • from Central NJ
  • Member since Jun 14, 2016
  • Posts 5
  • Votes 0
  • Experience 7 Yrs
  • Investments 1
Connect
Sholom Pewzner
  • Rental Property Investor
  • Central NJ
0
Votes |
5
Posts
Buying & Selling Real Estate

Getting a non Fannie or Freddy loan for under 100k

Sholom Pewzner
  • Rental Property Investor
  • Central NJ
Posted

Hey, looking to buy my second rental property condo. Purchase price 85k. Got denied by two mortgage brokers because investor concentration in that association is over 50% so Fannie & Freddy won't allow an investor loan.

Going with other lenders is also hard because they want loan amounts at a minimum above 100k.

Anyone have any suggestions??? Would love to hear from you all.

Thanks

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