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Updated over 8 years ago,

User Stats

57
Posts
26
Votes
Tom Echols
  • Investor
  • st louis, mo
26
Votes |
57
Posts

lenders for buy and holds under 35k

Tom Echols
  • Investor
  • st louis, mo
Posted

Hi Fellow BPers! I create rent-ready and turn-key investment properties in St.Louis. I typically sell them to out of state firms and individuals. I want to start keeping more of them as I go. Most of these properties are in the $30-38K range when completed. Does anyone have any leads on investor friendly lenders in this price range? It seems most will start financing at 50k. I can do portfolio loans (and have) where I bundle two properties to get a total valuation above 50K.  Any and all help/ advice/ leads/ discussions are appreciated!

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