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All Forum Posts by: Chris Malala

Chris Malala has started 0 posts and replied 1 times.

Buying & Selling Real Estate

Post: Small loans - who lends on property under 100K?

Chris MalalaPosted
  • Posts 1
  • Votes 0

Same question. Although I guess I could try local, Im trying to do this online since I dont live in that area yet.

East Tennessee has Town Homes in the 60-80k range that if they were in, lets say Florida, would easily be 150-200k town homes. A lot prettier than ones youd find in FL too. Problem is banks see the price and say nope! Im guessing the policy revolves around negative stigma. (part time or no job, bad or low paying job, crime, drugs) Definitely not me.

Kind of frustrating lol. Esp since my scores are 810+ and make good money. This is a plan for me to move and save a ton. First time buyer as well, renting like a doofus for far too long.

0 Votes