COMMERCIAL CASH OUT REFINANCE
Multiple time return client came back to us after purchasing this 8 unit apartment complex.
Originally purchased the property for $2.7 million back in 2019. He came back to us looking to take advantage of the HISTORICALLY LOW INTEREST RATES by cash out refinancing his property.
He wanted to take advantage of the low rates and LOWER his monthly interest rate, as well as use his cash out to reinvest in real estate, by purchasing another property to rent out.
We closed the deal by lowering his monthly interest rate, as well as accessed a $650,000 cash out to reinvest in real estate!