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02-02-2017, 07:58 PM #1
- Join Date
- Jun 2015
- Location
- San Diego, California
- Posts
- 40
~50% LTV Investment property refinance in Elmhurst, NY
Looking for a NY equity based lender for this investment property refinance loan in Elmhurst, NY.
Fully rented property ($5,800 monthly rent) is worth around $1.1m. Borrower is looking to refinance existing balance of $530k and take ex-wife off of loan and title and then sell in next 12 months.
Borrower's Issues:
- 573 credit score
- Foreclosure in past year
Looking for 9-11% interest and 2-3 points (plus 1 point).
PLEASE EMAIL ME DIRECTLY: jeff@northcoastfinancialinc.com
Thank you,
Jeffrey A. Hensel
North Coast Financial, Inc.
Califorina Hard Money Lenders
2424 Vista Way, Suite 202
Oceanside, CA 92054
(760) 212-5900
CalBRE #01510032
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