What is the best source for a short term loan under 50k?

[Account Closed]

I have looked around at hard money lenders in my area (PA) but no one seems to be lending under 50k. I just agreed to purchase a house for $13,500 that needs about $20,000 in renovation to make it habitable again. ARV for the home is around $45,000 with a $950/mo. rental potential. Closing is in 2 weeks, so any help would be greatly appreciated!

[Daria B.]

@Account Closed I'm not sure what your sources where for looking at the < 50k funding but @Jerry Padilla here on the BP forum has been one that speaks of the very thing you are looking for. At one point in time I was looking to do this type of funding but that deal didn't work due to the physical conditions of the property. It just wasn't worth it after we took a closer look. Anyway, send a message to Jerry to see if their costs meet with what you need.

Good luck....