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Updated about 6 years ago,

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11
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0
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Vinod Jose
  • Philadelphia, PA
0
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11
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Cash out refi for investment property worth less than 50k$

Vinod Jose
  • Philadelphia, PA
Posted
I bought a property from the sheriff sale for 28k$, put some minor work and leased out for 750$ per month. The property is worth on the market for 45k$. My go to commercial lender can’t do the refi since the property value is below 50k$. Does anyone know commercial lenders who lend for such properties?mits a great cash flowing row house in Philadelphia 19140. Thanks Vinod

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