Free and Clear Property Owner Seeking to a Collateral Loan of 40K

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.

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.

Call me if you have a practical resolution.

Dwight McCaulsky
Premier Lending Solutions, Founder & Managing Principal

"Soar With Us"


M (917) 764-4207
P (888) 212-1642
E business@premierlendings.com
W: www.premierlendings.com

 

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