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07-14-2017, 10:20 AM #1
Reputation points: 7360
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Hey Nick,
I cannot do a second position, but may be able to do better. Assuming the numbers work, I can refi the first mortgage and provide cash out, probably somewhere in the $500k cash out area, depending upon the variables of the deal. If it is truly a multi family property that has a number of rentals that are generating income, it should not be an issue that the owner runs a business out of there.
In addition to all the other stuff we are doing in the industry, I am quietly funding a LOT of real estate. I have $9.3MM of deals that are on track to fund this month, with another $23MM coming up behind it for next month.
If you're interested, feel free to check out my real estate funding site: http://boulderequitypartners.com/
Happy to brainstorm with you about this client if you like.
Best,
Dan Page
Direct: (303) 938-8280
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