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All Forum Posts by: Jason Watkins

Jason Watkins has started 2 posts and replied 6 times.

@Kevin Felmlee Westmoreland county, roughly an hour east of Pittsburgh

Have a 5 unit $200k deal I’m looking to fund - who is the best to deal with in your opinion? I’m in Pennsylvania if it matters...

Post: Financing under $75k

Jason WatkinsPosted
  • Posts 6
  • Votes 0

@Nick Rutkowski - good thought, i'll check there too, i do have enough of credit cards to buy it as well - so then i assume if banks will sometimes lend under $75k then they would refinance under $75k as well right? so if i have to could buy whatever way is possible and refi to cash out down the road...

Post: Financing under $75k

Jason WatkinsPosted
  • Posts 6
  • Votes 0

@Jim Goebel thank you, i had no idea - i had only reached out to 3 so far but the parameters were basically a carbon copy of each other, lol 

Post: Financing under $75k

Jason WatkinsPosted
  • Posts 6
  • Votes 0

@Mike D'Arrigo - this is 2/1 half a side-by-side duplex, i live less than a half mile away, it's just rural pennsylvania - there are roughly 10-12 others well under $100k all around me - the market is just very cheap here. i bought my own 3/2.5 with an acre and a separate pole building for $137k  

Post: Financing under $75k

Jason WatkinsPosted
  • Posts 6
  • Votes 0

What are you guys doing to get bank financing on low amount loans? I have a deal very close to turn key at $27k but it seems no one lends below $75k??