9 Units- Multifamily Property

Another Successfully Funded Loan

  • $562,500
  • 5 Year fixed @ 5.125%
  • Purchase-75% LTV
  • 9 Units- Multifamily Property Adelanto, Calif.

ASSIGNMENT:

Purchase loan for a client referred by a residential broker.

CHALLENGE

Non-Core market, property had limited income to support max leverage.

SOLUTION:

Worked with buyer and seller agents to increase rental income through timely rental increases. Lender allowed time to collect rents and increase loan amount.

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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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