I have a 4 bed / 2 bath property in Texas valued at $129,900 that I own free and clear and being rented at $1400 monthly. There is no mortgage on this property and I would like to get the maximum amount in refinance money in order to buy more income producing properties.
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I am in Texas and we can do a hard money cash out or conventional, give me a call to discuss.
John Broussard
Newbridge Investments
713-777-9996 Ext 103
I represent several private investors that we could place your loan. Conventional rates and terms. Please send more info.or call to discuss 719-258-7806.
- Acquisition of a Single Family, Duplex, Triplex or Quad
- Property MUST be titled in corporate name
- $50k up to $500k
- LTV up to 70%
- Rates typically 9.50% – 9.75%
- Fixed 2, 3, & 5 year terms
- 25 year amortization
- Lender will fund with credit scores as low as 600
- Is not a “fix and rent” loan or “refinance loan”
- Two year seasoning
- Property MUST be titled in corporate name
- $50k up to $500k
- LTV up to 70% based on appraisal
- Rates typically 9.50% – 9.75%
- Fixed 2, 3, & 5 year terms
- 25 year amortization
- Lender will fund with credit scores as low as 600
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