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Updated 11 months ago,

User Stats

4
Posts
2
Votes
Ben Layson
  • New to Real Estate
  • Seattle
2
Votes |
4
Posts

lending strategies for a 30K investment loan

Ben Layson
  • New to Real Estate
  • Seattle
Posted

I'm attempting to find lending for my first real estate deal on a single family rental investment property. Trying to secure lending for an off-market property and learning the struggles of finding hard money loans that go below 50K. That being said I've looked into P2P lending as an option. Any tips for other creative lending sources such as private would be greatly appreciated. The property is located in the Midwest and me and my business partner have ran the comps, numbers and called numerous property managers, handymen, inspectors and even asked locals on reddit to get a better understanding of the rental calculations and local biases in the area. 

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