Hard Money Limits @ $100,000 due to Covid-19

[Valentine Antony]

Hi BP folks,

Just wondering if others are getting feedback from HM lenders you work with that are tightening up on their funding criteria. I target properties under $100,000 as a buy and hold investor. I have not reached out to every HM lender (I am doing that now), but wanted to check in and see what others are seeing on the ground. If that becomes a standard, I will be relaying more on my private lenders and targeting multi family properties much more! Cheers and curious what others are seeing.