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Updated over 3 years ago, 07/20/2021

User Stats

2
Posts
4
Votes
Colton Hart
4
Votes |
2
Posts

How to get a loan less than $50k

Colton Hart
Posted

Hi all. I am looking to purchase my first property. I am looking at some properties under $100k, and even under $50k. I am looking for 5 - 15 acres with or without a small structure/house. My plan is to build a cabin/glamping site to be listed on Airbnb. 

My main concern is finding someone to give such a small loan. I have $10K budget for down payment which is >20% of a $44k single family property I am interested in. 


How am I going to secure this loan??

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