Refinance for rental properties.

[Carol Brenner]

Thank you. Below is the full scenarios. Please advise of what Requirements and  documents I need to provide you. Carol 954-520-1469

All properties are to be held in LLC

I personally have 800+ credit scores

Total requested amount: $256,000 can have separate loans.

Need to refinance to recoup renovation cost and get out of hard money loan to permanent loan.

 

Property#1

Address:  West Palm Beach, Fl 33404

3/2 home rehabbed with contiguous lot.

Current market value: $90,000-110000

Seeking cash out refinance :$72,000 for 30 years at 5% Yet I am flexible on rate and also can do a balloon payment.

Payoff of 1st Mortgage $40,000 

Original Purchase Price (closed 4/16) : $54,000 Plus $4800 paid outside closing as we had to redeem properties from Tax Auction.

Rehab cost $25,000: Baths, Kitchen, Ac, Appliances, landscaping, sprinklers, Wall and window repairs, Interior and exterior paint.

Lease amount: $1,400 per month

Property #2

Address: 1200 W 37th St. aka 100 AC Evans, Rivera Beach, FL 33404

4 units a 2/1

Current Market Value: $230,000

Seeking cash out refinance: $184,000 for 30 years at 5% Yet I am flexible on rate and also can do a balloon payment.

Payoff of 1st Mortgage $140,000

Original Purchase Price (closed 3/16): $100,000 plus $3500 in water liens and $2500 in code violations

Rehab cost: $55,000

Leased for total of $4250 per month

[Samuel Thomas]

Send me details of your project to [e-mail] with your phone number.

[Stephen Mitchell]

Ms. Brenner

I'm able to help you secure funding for this project, I can get both properties under one loan. Please contact me at [e-mail]

[Mckenley Washington]

[Charles Clarkson]

Hello, 

My Name Is Clarkson Charles, I’m A Private Money Lender  Located In Medford,OR Area , I Offer All Kinds Of Loans Including Secured And Unsecured Loans From $10,000 To $800,000,000 At 5% Interest Rate With No Repayment Penalty,Contact Me Directly Through:(  [e-mail]  ) I Shall Send You My Loan Terms And Condition.Give Me A Call Me For More Information About Funding Your Deals.

Regards

Clarkson.

CHARLES CLARKSON  LLC

DIRECT LENDER REAL ESTATE INVESTOR

Email:[e-mail]

Cell :[phone]