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Cash Out Refinance On 16 Unit Multi-Family In Stockton

Cash Out Refinance on 16 Unit Multi-Family in Stockton

RECENTLY FUNDED TRANSACTION: 
Loan Amount: $828,750
Loan Purpose: Cash Out Refinance
Property Type: 16 Unit Multi-Family
OPPORTUNITY:
Recent purchase acquisition a little over a year ago with great upside in rents. With a lot of improvements complete, along with the new tenants paying higher rents, we saw a value  increase.  In conclusion, our borrowers were able to leverage this opportunity to cash out and recoup their cash invested in the property.  

For more information call:

Kevin Kriser - apartment loans orange countyKevin Kiser

(714) 908-5271

EMAIL Kevin

 

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