Commercial loan for duplex under $50K?

Posted on Jun 14, 2014 in Stated Income Loans

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Question by LuvLife: Can you refinance an FHA mortgage?
I bought a house in February, viagra 40mg and it was in serious need of work. We use an FHA mortgage and put down 3.5%. Now that we have put $ 20, medical 000 worth of work (we did the labor so it is worth much more then $ 20,000) I was wondering if we could refinance into a conventional mortgage using the equity in the house. Assuming it will appraise at 20% more then what we owe.

Best answer:

Answer by MS44
Try to use www.1loan4you.com they have different programs info is free.

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Question by Shana B: Commercial loan for duplex under K?
Does such a thing exist, pills or are such deals usually cash only? Everything I’ve googled has a minimum loan amount of $ 250K or more…

I only have about $ 10k to invest and I want to buy a rental property.

Best answer:

Answer by Common Sense
Very few banks will loan that amount of money…and investment property requires a minimum of 30% down.

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