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Updated about 5 years ago on . Most recent reply

Eric Brenneman's profile image
Eric Brenneman's profile image
Eric Brenneman
  • from Castle Rock, CO
  • Member since Jun 30, 2019
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Eric Brenneman's profile image
Eric Brenneman's profile image
Eric Brenneman
  • from Castle Rock, CO
  • Member since Jun 30, 2019
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Eric Brenneman
  • Castle Rock, CO
4
Votes |
16
Posts
Buying & Selling Real Estate

Lenders for Properties below 55K

Eric Brenneman
  • Castle Rock, CO
Posted

I am having a hard time finding lenders that are willing to lend on an investment property that the loan would be less than $50K after down payment, can you please assist. Property is located in TN.

  • Eric Brenneman
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    Joseph Firmin's profile image
    Joseph Firmin's profile image
    Joseph Firmin
    • Rental Property Investor
    • from Smyrna, GA
    • Member since Oct 9, 2018
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    Joseph Firmin's profile image
    Joseph Firmin's profile image
    Joseph Firmin
    • Rental Property Investor
    • from Smyrna, GA
    • Member since Oct 9, 2018
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    Joseph Firmin
    • Rental Property Investor
    • Smyrna, GA
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    Joseph Firmin
    • Rental Property Investor
    • Smyrna, GA
    Replied

    I ran into this problem as well @Eric Brenneman, unfortunately, I couldn't find one. Searched high and low too. What I know some cash investors do, is buy 2+ properties of lesser value for cash and then package them into 1 loan with a lender. This is done often. Best of luck!

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