Results 1 to 7 of 7
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01-21-2016, 03:06 PM #1
- Join Date
- Jun 2015
- Location
- San Diego, California
- Posts
- 40
Quick close needed for Houston, TX Refinance Hard money loan
Have a request in Houston for a refinance and small cash out on a rental property.
Need to refi a 1st of $72k with additional $19k cash out for repairs for the property. Property is worth approximately $115k.
Borrower is willing to cross collateralize another property with equity. Loan escrow has already been opened as previous lender flaked.
Borrower needs to close within 1-2 weeks.
Please respond to this email address: jeff@northcoastfinancialinc.com
Thank you,
Jeff
northcoastfinancialinc.com
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01-21-2016, 04:02 PM #2
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
80% LTV on Hard Money that is a stretch unless your ARV is up to 130-140k
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01-21-2016, 04:13 PM #3
- Join Date
- May 2015
- Location
- NC
- Posts
- 208
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01-21-2016, 06:44 PM #4
- Join Date
- Jun 2015
- Location
- San Diego, California
- Posts
- 40
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01-21-2016, 06:55 PM #5
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01-21-2016, 08:09 PM #6
- Join Date
- Jun 2015
- Location
- San Diego, California
- Posts
- 40
Will do. Thank you.
What company are you with? Let me know what your rates are like.
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01-21-2016, 08:57 PM #7
WBL would be a good candidate for this one, assuming the client has the cashflow. We only do 75% CLTV though.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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