All Discussions Tagged 'out' - Real Estate Finance2024-03-28T23:58:50Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=out&feed=yes&xn_auth=noCash-Out Refinance on Rooming House in Anchorage, AK!tag:realestatefinance.ning.com,2023-04-25:6517464:Topic:4876692023-04-25T22:05:33.387ZZane Graserhttps://realestatefinance.ning.com/profile/ZaneGraser
<p>Hi,</p>
<p>I have a borrower that wants to do a cash-out refinance on a rooming house that they own in Anchorage, AK. I had a lender that said they could do it and after lots of back and forth, they ended up not moving forward with it.</p>
<p>The property is called The Lodge which is a rooming house with a main living room and kitchen area and shared bathrooms. There are 12 bedrooms on the property. They are renting the property short term of varying lengths with a lease agreement with 1…</p>
<p>Hi,</p>
<p>I have a borrower that wants to do a cash-out refinance on a rooming house that they own in Anchorage, AK. I had a lender that said they could do it and after lots of back and forth, they ended up not moving forward with it.</p>
<p>The property is called The Lodge which is a rooming house with a main living room and kitchen area and shared bathrooms. There are 12 bedrooms on the property. They are renting the property short term of varying lengths with a lease agreement with 1 tenant for long-term stay.</p>
<p>Other features include - fridge in each bedroom, coin operated washer and dryer, and each bedroom door is numbered.</p>
<p>The property is zoned residential but the appraiser said that it would be considered a Commercial property because of the title of the property and it's use. The property was renovated recently and the borrower would like to use the additional cash to finish updating the property to it's entirety.</p>
<p>The current loan on the property is $260,000 and the assessed value on the property is around $418,000.</p>
<p>Is there a lender that can do this as a commercial loan? Borrower owns a few rental properties in different locations in the US including AK and has experience with fixer uppers.</p>
<p>Thank you!</p> Free and Clear Property Owner Seeking to a Collateral Loan of 40Ktag:realestatefinance.ning.com,2023-02-20:6517464:Topic:4844542023-02-20T15:47:46.571ZDwight McCaulskyhttps://realestatefinance.ning.com/profile/DwightMcCaulsky
<p></p>
<p>My client owns a duplex free and clear in Ohio that is currently worth about $75,000. He now gets $1,600/month in rent. He came to me looking for a DSCR loan where he would refinance, but the property value is too small.</p>
<p>Who has a product or strategy to allow my client to get about 40K using this property? He has a strong credit score (over 700), experience, and personal income.</p>
<p></p>
<p>Call me if you have a practical resolution.…</p>
<p></p>
<p></p>
<p></p>
<p></p>
<p>My client owns a duplex free and clear in Ohio that is currently worth about $75,000. He now gets $1,600/month in rent. He came to me looking for a DSCR loan where he would refinance, but the property value is too small.</p>
<p>Who has a product or strategy to allow my client to get about 40K using this property? He has a strong credit score (over 700), experience, and personal income.</p>
<p></p>
<p>Call me if you have a practical resolution.</p>
<p></p>
<p></p>
<p><span><a href="http://www.premierlendings.com/" target="_blank" rel="noopener">Dwight McCaulsky</a><br/></span><a>Premier Lending Solutions, Founder & Managing Principal</a></p>
<p><font face="trebuchet ms, sans-serif"><font color="#000000"><span>"Soar With Us"</span></font></font></p>
<p><span><img src="https://ci3.googleusercontent.com/mail-sig/AIorK4wdeh7K3tExej92SLylp6A7CxDe2LzecW7Ksffs1eDXt6t0F4ScILwEPSDgGz79HT4QE-Qn9Ko" width="96" height="80"/><br/></span></p>
<table cellspacing="0" border="0">
<tbody><tr><td valign="top"><span>M</span><span> (917) 764-4207<br/></span><span>P</span><span> (888) 212-1642<br/></span><span>E</span><span> <a href="mailto:business@premierlendings.com" target="_blank" rel="noopener">business@premierlendings.com</a></span></td>
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<tr><td valign="top">W: <a href="http://www.premierlendings.com/" target="_blank" rel="noopener">www.premierlendings.com</a></td>
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<p> </p>
<p></p> Cash-Out Refi for Manufactured Home in WAtag:realestatefinance.ning.com,2022-11-03:6517464:Topic:4783672022-11-03T00:10:11.591ZZane Graserhttps://realestatefinance.ning.com/profile/ZaneGraser
<p>Hi,</p>
<p>I have a borrower wanting to do a cash out refi on a rental property that they owned for about 2 years in Spokane, WA. Borrower has done many flips in their lifetime and some rental properties. They wish to refi their manufactured home that is a double wide on a concrete foundation. Bringing in $1650/mo in rent. Owes around 130k on their existing loan with a hard money and wants a long term loan. Seeking around 165k loan amount, CMV value is around 270-315k in the area. Most…</p>
<p>Hi,</p>
<p>I have a borrower wanting to do a cash out refi on a rental property that they owned for about 2 years in Spokane, WA. Borrower has done many flips in their lifetime and some rental properties. They wish to refi their manufactured home that is a double wide on a concrete foundation. Bringing in $1650/mo in rent. Owes around 130k on their existing loan with a hard money and wants a long term loan. Seeking around 165k loan amount, CMV value is around 270-315k in the area. Most lenders don't do manufactured home loans so any help would be appreciated!</p> New Cash Out Limit To 70% on No Ratio Owner Occupiedtag:realestatefinance.ning.com,2021-09-24:6517464:Topic:4631312021-09-24T21:17:32.223ZAdminhttps://realestatefinance.ning.com/profile/3aftcnq0ne4je
<p><span>New Cash Out Limit To 70% on No Ratio Owner Occupied</span></p>
<p>REFINANCE CASH OUT For Any Reason, CASH for Business, Pay Off Ex-Spouse and keep home, Debt Consolidation, Home Improvement,</p>
<p><u>“OWNER OCCUPIED”<span> </span>“NO Ratio” No Income No Employment To $3 Million</u></p>
<p><u>No Income Stated - No Job Info stated or Verified</u><span> </span>(W-2 S/E retired unemployed=OK)</p>
<p>SFR 2nd Homes Condos<span> </span>PUDs</p>
<p>Up To $3 Million Cash In…</p>
<p><span>New Cash Out Limit To 70% on No Ratio Owner Occupied</span></p>
<p>REFINANCE CASH OUT For Any Reason, CASH for Business, Pay Off Ex-Spouse and keep home, Debt Consolidation, Home Improvement,</p>
<p><u>“OWNER OCCUPIED”<span> </span>“NO Ratio” No Income No Employment To $3 Million</u></p>
<p><u>No Income Stated - No Job Info stated or Verified</u><span> </span>(W-2 S/E retired unemployed=OK)</p>
<p>SFR 2nd Homes Condos<span> </span>PUDs</p>
<p>Up To $3 Million Cash In Hand!</p>
<p><u>100% Gift Funds & CASH OUT OK for RESERVES</u></p>
<p><strong><em>70% CASH OUT</em></strong><strong><em><span> </span>starting at 700 Fico, as low as 680</em></strong><strong><em><br/>6 Month Seasoning to Cash Out at New Appraisal<br/>No Seasoning for Rate/ Term Refi to 75% LTV</em></strong></p>
<p>Call me on your deals with income or job issues! <span> </span>Cash Out Especially! </p>
<p>Alicia Becker</p>
<p>909-714-2650</p> The purpose of this website is to help you purchase or refinance real estate. Let us help you!tag:realestatefinance.ning.com,2020-11-24:6517464:Topic:4005352020-11-24T00:12:56.461ZAdminhttps://realestatefinance.ning.com/profile/3aftcnq0ne4je
<p>Do you need to refinance commercial real estate in any state in America? If so, please comment below and let us know your needs. If we cannot help you ourselves, one of the thousands of Mortgage Brokers or hundreds of direct lenders on this website may be able to make it happen for you!</p>
<p>Here is what we can offer:</p>
<p>We offer both Bridge Funding and Permanent Funding options!</p>
<p>Loan amounts from $500k up to $50 Million</p>
<p>Rate/Term Refinance up 75% LTV</p>
<p>Cash Out…</p>
<p>Do you need to refinance commercial real estate in any state in America? If so, please comment below and let us know your needs. If we cannot help you ourselves, one of the thousands of Mortgage Brokers or hundreds of direct lenders on this website may be able to make it happen for you!</p>
<p>Here is what we can offer:</p>
<p>We offer both Bridge Funding and Permanent Funding options!</p>
<p>Loan amounts from $500k up to $50 Million</p>
<p>Rate/Term Refinance up 75% LTV</p>
<p>Cash Out Refinance up to 75% LTV</p>
<p>Purchase Funding up to 80% LTV</p>
<p>Non-Recourse Funding options with rates as low as 3.5%</p>
<p>To get started, just email me at commercialloanpros@gmx.com and tell me a little about your deal and the real estate investment experience of the Borrower. Easy process with funding available Nationwide!</p>
<p>Please comment below because if I cannot help you, someone else on this website likely can!</p> 30 Day Seasoning On 1-4 Family Cash Out Refi -- Use Own Appraisertag:realestatefinance.ning.com,2019-05-30:6517464:Topic:3425662019-05-30T16:08:52.642ZAdminhttps://realestatefinance.ning.com/profile/3aftcnq0ne4je
<p><strong>30 Day Seasoning On 1-4 Family Cash Out Refi -- Use Own Appraiser</strong></p>
<p></p>
<p><strong>Do You Qualify?</strong></p>
<p><span>*LTVs up to 70% of full FMV for cash out</span><br></br><br></br><span>*1-4 family only</span></p>
<p><span>*30 days on title</span></p>
<p><span>*cash out refi</span></p>
<p><span>*650 min credit </span></p>
<p><span>*experience preferred</span></p>
<p><span>*low doc</span></p>
<p><span>*no tax return</span></p>
<p><span>*no sourcing/seasoning of bank…</span></p>
<p><strong>30 Day Seasoning On 1-4 Family Cash Out Refi -- Use Own Appraiser</strong></p>
<p></p>
<p><strong>Do You Qualify?</strong></p>
<p><span>*LTVs up to 70% of full FMV for cash out</span><br/><br/><span>*1-4 family only</span></p>
<p><span>*30 days on title</span></p>
<p><span>*cash out refi</span></p>
<p><span>*650 min credit </span></p>
<p><span>*experience preferred</span></p>
<p><span>*low doc</span></p>
<p><span>*no tax return</span></p>
<p><span>*no sourcing/seasoning of bank accounts</span></p>
<p><span>*low dscr</span></p>
<p><strong>Who This is Best For:</strong></p>
<p>1. Buy below market and pull your down payment back out</p>
<p>2. Rehab and hold</p>
<p>3. Short sale buyers</p>
<p></p>
<p>Call or email Jake Moore 314-532-0246 jakemoore09@gmail.com to see if you and your project qualify. Available in most states.</p> Commercial Bridge Loanstag:realestatefinance.ning.com,2019-05-29:6517464:Topic:3427222019-05-29T11:22:38.430ZNick Hubbardhttps://realestatefinance.ning.com/profile/NickHubbard
<p><a href="https://storage.ning.com/topology/rest/1.0/file/get/2724860183?profile=original" rel="noopener" target="_blank"><img class="align-full" src="https://storage.ning.com/topology/rest/1.0/file/get/2724860183?profile=RESIZE_710x"></img></a></p>
<p><span style="text-decoration: underline;">Terms:</span><br></br><br></br></p>
<p>Loan Size: $2M – $20M<br></br>Term: Up to 24 months<br></br>Location: Nationwide<br></br>Prepayment: Flexible<br></br>Industrial | Multi family | Office | Retail | SFR (NOO)</p>
<p><br></br><span style="text-decoration: underline;">Rates/Leverage:</span><br></br><br></br></p>
<p>-Rates start at…</p>
<p><a href="https://storage.ning.com/topology/rest/1.0/file/get/2724860183?profile=original" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/2724860183?profile=RESIZE_710x" class="align-full"/></a></p>
<p><span style="text-decoration: underline;">Terms:</span><br/><br/></p>
<p>Loan Size: $2M – $20M<br/>Term: Up to 24 months<br/>Location: Nationwide<br/>Prepayment: Flexible<br/>Industrial | Multi family | Office | Retail | SFR (NOO)</p>
<p><br/><span style="text-decoration: underline;">Rates/Leverage:</span><br/><br/></p>
<p>-Rates start at 7.99%<br/>-Interest Only, Fixed<br/>-Non-Recourse<br/>-Up to 75% LTV<br/>-1-2 points origination fee</p>
<p><br/><span style="text-decoration: underline;">Closing:</span><br/><br/></p>
<p>-Minimal Closing Costs<br/>-No appraisals required<br/>-Avg 5-10 Days</p>
<p></p>
<p><span style="text-decoration: underline;">SUBMIT YOUR LOAN SCENARIO:</span><br/>e: <a href="mailto:nick@elitefactoring.com" target="_blank" rel="noopener">nick@elitefactoring.com</a><br/>o: 314-252-0299</p>
<p></p> Cash out refinance for duplex in Austin, Texastag:realestatefinance.ning.com,2019-03-14:6517464:Topic:3385032019-03-14T05:25:18.415ZLisa Verholtzhttps://realestatefinance.ning.com/profile/LisaVerholtz
<p style="text-align: left;">Hi all!</p>
<p style="text-align: left;"></p>
<p style="text-align: left;">We are seeking funding for a NOO duplex in Austin, Texas. </p>
<p style="text-align: left;"></p>
<p style="text-align: left;">Property Value $380,000</p>
<p style="text-align: left;">Current Lien $104,000</p>
<p style="text-align: left;">Requested Cash Out $120,000</p>
<p style="text-align: left;"></p>
<p style="text-align: left;">Owner is in the auto business and plans to use the cash out to…</p>
<p style="text-align: left;">Hi all!</p>
<p style="text-align: left;"></p>
<p style="text-align: left;">We are seeking funding for a NOO duplex in Austin, Texas. </p>
<p style="text-align: left;"></p>
<p style="text-align: left;">Property Value $380,000</p>
<p style="text-align: left;">Current Lien $104,000</p>
<p style="text-align: left;">Requested Cash Out $120,000</p>
<p style="text-align: left;"></p>
<p style="text-align: left;">Owner is in the auto business and plans to use the cash out to finance a small car dealership.</p>
<p style="text-align: left;">Can you do this loan? Bonus points if you are a direct lender!</p>
<p style="text-align: left;"></p> Commercial Property Bridge Loanstag:realestatefinance.ning.com,2018-12-12:6517464:Topic:3337742018-12-12T00:57:50.915ZNick Hubbardhttps://realestatefinance.ning.com/profile/NickHubbard
<p><a href="https://storage.ning.com/topology/rest/1.0/file/get/329877353?profile=original" rel="noopener" target="_blank"><img class="align-full" src="https://storage.ning.com/topology/rest/1.0/file/get/329877353?profile=original"></img></a></p>
<p><strong>Loan Amounts from $250K - $20M+</strong></p>
<p><strong>--------------</strong></p>
<div class="text_exposed_show"><p><strong>-Acquisitions | Refinance | Cash Outs</strong><br></br> <strong>-Rates Starting at 7.99%</strong><br></br> <strong>-Up to 80% LTV</strong><br></br> <strong>-1 to 3yr Terms</strong><br></br> <strong>-All Commercial Properties Accepted…</strong></p>
</div>
<p><a href="https://storage.ning.com/topology/rest/1.0/file/get/329877353?profile=original" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/329877353?profile=original" class="align-full"/></a></p>
<p><strong>Loan Amounts from $250K - $20M+</strong></p>
<p><strong>--------------</strong></p>
<div class="text_exposed_show"><p><strong>-Acquisitions | Refinance | Cash Outs</strong><br/> <strong>-Rates Starting at 7.99%</strong><br/> <strong>-Up to 80% LTV</strong><br/> <strong>-1 to 3yr Terms</strong><br/> <strong>-All Commercial Properties Accepted (Investment & Business Purpose)</strong><br/> <strong>-Quick Approvals & Fast Closings</strong></p>
<p><strong>---------------</strong></p>
<p><strong>Submit a Loan Scenario Today:</strong><br/> <strong>E: <a href="mailto:hml@elitefactoring.com" target="_blank" rel="noopener">hml@elitefactoring.com</a></strong><br/> <strong>O: 314-252-0299</strong></p>
</div> ★Financing for Acquisitions, Cashouts & Refinance★tag:realestatefinance.ning.com,2018-11-16:6517464:Topic:3324692018-11-16T01:27:18.024ZNick Hubbardhttps://realestatefinance.ning.com/profile/NickHubbard
<p><a href="https://storage.ning.com/topology/rest/1.0/file/get/135313051?profile=original" rel="noopener" target="_blank"><img class="align-full" src="https://storage.ning.com/topology/rest/1.0/file/get/135313051?profile=original"></img></a></p>
<p><strong>Capability to offer loans from $100K to $5M+</strong><br></br> <strong>--------------------------------</strong><br></br> <strong>Program Highlights:</strong></p>
<div class="text_exposed_show"><p><strong>-NOO Residential & Commercial Properties</strong><br></br> <strong>-Stated Income Financing</strong><br></br> <strong>-We NEVER review pay stubs or tax…</strong></p>
</div>
<p><a href="https://storage.ning.com/topology/rest/1.0/file/get/135313051?profile=original" target="_blank" rel="noopener"><img src="https://storage.ning.com/topology/rest/1.0/file/get/135313051?profile=original" class="align-full"/></a></p>
<p><strong>Capability to offer loans from $100K to $5M+</strong><br/> <strong>--------------------------------</strong><br/> <strong>Program Highlights:</strong></p>
<div class="text_exposed_show"><p><strong>-NOO Residential & Commercial Properties</strong><br/> <strong>-Stated Income Financing</strong><br/> <strong>-We NEVER review pay stubs or tax statements</strong><br/> <strong>-Rates as low as 6.49%</strong><br/> <strong>-Funding from $100K to $5M</strong><br/> <strong>-No balloons, 30 year amortized term</strong><br/> <strong>-LTVs up to 75%</strong><br/> <strong>-min 650 mid FICO to qualify</strong><br/> <strong>---------------------------------</strong></p>
<p><strong>SUBMIT A LOAN SCENARIO BELOW:</strong></p>
<p><strong>Email: <a href="mailto:hml@elitefactoring.com" target="_blank" rel="noopener">hml@elitefactoring.com</a></strong><br/> <strong>Office: 314-252-0299</strong></p>
</div>