I’m looking to refi a performing 18 unit apartment property 20 minutes from Ft Worth TX with a $250k+ loan against $400k+ current value and ~$50k current NOI. Seems like it should be a no-brainer but we keep hitting walls including small loan size. Wondering if someone here might have a solution? Thumbnail:
- Purchased July 2014 direct from owner as a discounted value-add/turnaround, which is now completed.
- Approximately ~$50k T-12 NOI is on the books. Forward NOI should significantly increase without the start-up cost impacts.
My source can fund up to 75% of the appraised value and can close within 2-4 weeks! Please email me to discuss this deal further:
301 887 3159
Call soon 843-465-3996
Hi Arden, please email me basics on your program "Arthur (at) NextLevelAssets.com". Thanks.
Hi Rene, your web site indicates 12-15% rates, low credit scores ok, fast close, etc which sounds like hard money loans - we have high credit scores, want to get below 6%, and we are prepared to fully document. If you can assist with that, please ping me. Thanks!
I have several lenders that are interested in your project, please contact me at firstname.lastname@example.org.
Email an executive summary to Multifamloans@gmail.com.You can also call me 202-604-5480.