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Updated almost 2 years ago,
trouble with hard money lenders
I'm having trouble with trying to find hard money lenders to lend to me because of the amounts of my purchase. The amounts of the purchase price of the properties that I'm pursuing are only $20,000 with a $15,000 rehab as well as a $14,000 and I keep getting denied because they only lend between $70-100k . I live in a landlord market and the properties are very very cheap here so cheap i want to get out of wholesaling an purchase. i have one under contract for $5k are there any lenders that will lend to me on the low end. im willing to go over and beyond and put my blood sweat in tears in my business just looking for some guidance