(888) 959-1648
Monthly Archives

August 2019

Archive, Commercial Real Estate, Refinance

$1,288,500 Conventional Cash-out Refi, “No Doc”

St. Lucie County, FL

This investor was post-divorce and needed a liquidity solution, fast… but the cards were stacked against him. Even though he had a full portfolio of SFR’s, the bank still couldn’t consider this loan. The income property was worth far more than the cash flow supported, which made the deal difficult. However, ComCapFL is used to finding solutions for situations like this, where the banks can’t.

With decent personal credit, our No-Documentation program provided the solution he needed to refinance AND get cash out with a 30-year, fixed rate loan. One “blanket” loan on multiple rental units = problem solved! Not only did the investor get his liquidity, but now his portfolio is more manageable than before the deal. That’s just another good solution!

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from Youtube
Vimeo
Consent to display content from Vimeo
Google Maps
Consent to display content from Google
Spotify
Consent to display content from Spotify
Sound Cloud
Consent to display content from Sound