6 Units- Multifamily Property

Another Successfully Funded Loan

  • $562,260
  • 5 Year fixed @ 4.70%
  • Cash Out Refinance-65% LTV
  • 6 Units- Multifamily Property Los Angeles, Calif.

ASSIGNMENT:

A very nice couple that had been referred to us by a past client. They had a rough time previously with some bad tenants to the point that they had thought of selling and getting out of the property Management game all together.

CHALLENGE

The clients were both retired and this building really was beneficial for them to keep, but they needed to lower their rate and pull out some money since they used up much of their savings when refurbishing units from the tenants that had been evicted.

SOLUTION:

We guided them through the process, got them a good low doc loan program and closed in less than 40 days. Clients were so happy they even commented on how painless the whole process was and that they are happy to keep the building now.

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ALB Commercial Capital

Office: (626) 296-7777
Toll-Free: (800) 510-2214 Fax: (626) 296-7771
Email: Info@albcommercialcapital.com

Headquarters

2476 Lake Ave Altadena,Ca. 91001

ABOUT US

We are industry experts dedicated to providing our clients the best loan programs, unparalleled service and certainty in execution
Cal BRE License #01379610
www.albcommercialcapital.com

GET IN TOUCH

Adress:

Headquarters
2476 Lake Ave.
Altadena CA 91001 USA

Phone:

Office : (626) 296-7777
Fax : (626) 296-7771

CONTACT FORM

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