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Updated over 7 years ago, 06/10/2017

User Stats

46
Posts
12
Votes
Mark I.
  • Rental Property Investor
  • Mount Prospect, IL
12
Votes |
46
Posts

Are there lenders with super low minimum borrowing amounts? <$20k

Mark I.
  • Rental Property Investor
  • Mount Prospect, IL
Posted

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!

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