All Forum Posts by: Jacob Greenhoe

Hi everyone.  My question is, how should I go about getting financing on such a small loan amount?  My situation is as follows:  I'll be working remotely in Lansing, MI for 2 months out of the year to help out family and renting the property out for the other months.  I grew up in Michigan and lived for a number of years in Lansing so I know the area, and I'm finding homes that I could work with (small 1-2 BR 1 BA) but the loan amounts I would need are so low I'm not sure what my options are.  In many cases the loan I would need may be somewhere in the range of 20-30K.  Is it realistic to be able to find a type of mortgage or loan with a term of 15-30 years with such a small amount?  I've looked at just using a personal loan but I was hoping to gain a long term length from what I was seeing on personal loans.  I'm a little lost and not a whole lot of experience so any advice is more than appreciated.  Thank you!

Hello everyone.  I'm currently looking into acquiring a property in Lansing, MI within the Old Oakland neighborhood.  I previously resided in Lansing but that was some years ago.  I'm familiar with the neighborhood from when I lived in Lansing but a lot can change over a decade.  Is anyone familiar with the Old Oakland area in regards to crime/safety?  From what I can gather it would be considered a C level neighborhood?  Any help or additional information from someone familiar with or currently working in Lansing is more than appreciated.  Or if anyone knows of any other neighborhoods within Lansing that would be considered safe (I understand "safe is relative, but I'm thinking gang/gun violence) within the 40-60k home price range pleaseeee feel free to reply.  

Thank you to anyone who takes the time to read or reply to this!