Small amount asset based loans/mortgages

[Joe S.]

So what are the buyers doing that are buying properties in the 50 K and under range? For example just earlier someone made a post saying that you could buy properties in Detroit Michigan 45k that would rent 850. 

I’m not trying to start a debate so if you’re hankering for one there’s plenty of other post for you. What I wanna know is how are these investors buying so many properties when it is difficult it appears to find asset based lenders that are willing to loan on small amounts.??