$1,424,000 – Cash Out Refi – Multi-Family
Treasure Island, FL The bank said “No” to this stabilized, luxury rental along the coast of the Gulf of Mexico because it is a seasonal rental. Most commercial lenders don’t like to finance seasonal rental properties due to the short-term lease and volatility. However, the property was a promising bet, with positive cash flow and… Continue reading $1,424,000 – Cash Out Refi – Multi-Family