Is there a lender that can do refinances under $100K?

Yes, and you've found one of the most underserved corners of investor lending. Plenty of lenders don't want small loans, so anything under $100K gets pushed aside. TAC Lending's rental loans start at $75K, which covers exactly the sub-$100K rental stock that cash-flows best in Eastern North Carolina and similar markets. If the appraisal supports at least a $75K loan, it's a normal file for us, not an exception we tolerate.

Why low price points get rejected elsewhere

Big lenders' cost structures don't work on small loans, so their minimums exclude the properties that often produce the strongest rent-to-price ratios. That's a bank-structure problem, not a deal-quality problem. We're a lender and loan broker built for investors.

What we'd want to see

The property (1–4 unit residential in NC, GA, or VA), the rent it produces (a lease is usually needed if you've owned it more than 90 days), and your credit and liquidity picture. DSCR qualification means no tax returns and no income documentation. The property carries the file. Portfolio owners: several small properties can also roll into one blanket loan.

Related questions

DSCR down payment

Rental portfolio loans

Investment property only. Business-purpose loans, never owner-occupied. Terms vary by experience, credit, liquidity, and project strength. Subject to underwriting and approval. Not every deal or borrower will fit every program. This is not a commitment to lend.