16 Units Multifamily
Another Successful Funded Loan
- $2,840,000
- 5 Year Fixed @ 3.150%
- Rate/Term Refinance - 55% LTV
- 16 Units
- Multifamily Property
- Long Beach, CA
ASSIGNMENT:
Cash Out Refinance, proceeds for ADU Addition to the property.
CHALLENGE:
Finding the right program to compliment the Investors goals.
SOLUTION:
5 year Fixed @ 3.15%, maximized loan dollars and the full term I/O minimizes payments for increase cash flow during renovation.
