Looking for Cash Out Non Owner Occ 65% Loan

[Jay Wealth]

My name is Jamie

The property is valued (per Zillow) at $70,000.

I purchased in 2005 for $60,000 and my conservative estimated value is around $50,000.

Looking for $32,500 (65% LTV) with all cost being financed into the loan.  

I am using the funds to restructure some debt that would allow me to cash flow $1000/month.

Also to strength my personal credit which at this time is 667, 627,692

The property has one small mortgage lien of $10,000 that I would be paying off with proceeds.

The property is rented out with tenants that have been their since 2005 and the property was totally rehabbed in 2005 (top to bottom).  

I grow up in this house and will be keeping this in my family for many more years to come.

please contact me at [e-mail]  Thank you for your time and consideration of this project.

[Nikki Hauenstein]

Hi Jay!

Where is this property located? 

[Jay Wealth]

PA, 44 south harrisburg st, Steelton PA 17113.  

[Nikki Hauenstein]

My company, ReCasa Financial Group, may be able to help you. We offer a rehab loan program that offers 100% financing for purchase, improvements and closing costs for 1-4 family non-owner occupied properties. If this is something that you are interested in please give us a call at 614.221.6770 or let us know the best way to contact you. 

Thank you!

Nikki Lawler
614.221.6770
[e-mail]
www.recasafinancial.com

[Jay Wealth]

Hi Nikki,

Would your program work in PA for a NOO property?

[Nikki Hauenstein]

Yes it would! Feel free to contact us at 614.221.6770 or [e-mail], or tell us the best way to contact you, so we can help you with your investment!