low price properties, traditional financing options?

[Michael Mudrey]

Hey all. I'm looking at closing deal 3,4, 5, 6 (one at a time). They are in a decent area that are certainly on the lower end in terms of price. Each of these single family homes will be purchased for somewhere between $23,000 and $40,000. I don't want to tie up cash and delay the process and would like to get longer-term funding in place for them right from the get go. These will be buy and hold.

I'm looking for recommendations on the best way, bank, financial institutions, etc... to go to for traditional financing on each of these? Thanks in advance!