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Updated over 7 years ago, 06/10/2017
Are there lenders with super low minimum borrowing amounts? <$20k
I can find private and HML sources all day long but the issue I consistently run into is the minimum loan amounts exceed what is needed and the value or purchase price of the properties.
Does anyone know of lenders that will finance/re-finance amounts between $5k and $20k? Particularly helpful if they will loan directly to LLC that holds the current properties.
I appreciate the feedback!