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Updated about 1 year ago on . Most recent reply

User Stats

39
Posts
15
Votes
Jeffrey Richard
15
Votes |
39
Posts

Seeking Low-Barrier Financing for $60K Purchase or $75K Refinance

Jeffrey Richard
Posted

I'm looking for financing options for real estate investments with purchase prices of $60,000 or less, or refinancing for properties valued at $75,000-85K or less. Local options I've found have higher interest rates that don't make sense for my investments.

If you have any recommendations for lenders or creative financing strategies that could help me achieve my goals without high interest costs, please reach out.

Most Popular Reply

User Stats

235
Posts
85
Votes
Dominic Pizzi
  • Lender
  • Freehold, NJ
85
Votes |
235
Posts
Dominic Pizzi
  • Lender
  • Freehold, NJ
Replied

Hey Jeffrey,

On our Purchase and Refinances, we could go as low as 50,000 on the loan amount barring that the DSCR holds up. Max 80% LTV on purchases, max 75% LTV on refinances.

If you have some properties that fit under that umbrella, shoot me a message. 

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