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Updated almost 5 years ago on .

Tim Kavanaugh's profile image
Tim Kavanaugh's profile image
Tim Kavanaugh
  • Real Estate Agent
  • from Chicago
  • Member since Feb 5, 2020
Connect

User Stats

11
Posts
3
Votes
Tim Kavanaugh's profile image
Tim Kavanaugh's profile image
Tim Kavanaugh
  • Real Estate Agent
  • from Chicago
  • Member since Feb 5, 2020
Connect
Tim Kavanaugh
  • Real Estate Agent
  • Chicago
3
Votes |
11
Posts
Buying & Selling Real Estate

Porfolio Loans under $50k?

Tim Kavanaugh
  • Real Estate Agent
  • Chicago
Posted

Hello-

My partner and I are looking at a SFR condo that is priced in he $35-$40k range. We love the cashflow numbers as the rents are $1100 per month with a long term tenant. However, we realize that this price range isn't something lenders typically go for. Does anyone have experience or advice in getting portfolio loans in this range. Is that something worth pursuing?

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