Looking for a small hard money loan to purchase and rehab single family in TX. ARV are around $50-$65k. Looking to buy and rent for cash flow so I am picking them up cheap.
I noticed that most of the HML lenders are now requiring the ARV to be at least 70k.
Does anyone know of someone who can do the small loans under $50k with a Low ARV?
Are there any conventional programs that will fund the repairs and roll them into the loan for an investment property?