Here's a great example of the power of our single rental loan. Its a 30 year fixed rate so you can tuck the property away in your portfolio and watch it cash flow for the rest of your life. The best part is that unlike conventional loans, no personal income or tax returns are required to qualify. You can take title in the name of your LLC. The loan does not report to your personal credit history. Rather, it builds credit in the name of your LLC. In this case, our client was able to do a cash out refinance, pay off their hard money lender and move his equity into another flip at an amazingly low rate of 5.75% for a 30...
| Transaction Type |
Cash out refinance |
Appraised Value |
$330,000 |
Loan Amount |
$231,000 |
| Loan Type |
Single Rental – 30 Year Fixed Rate |
Interest Rate |
5.75% |
Loan to Value |
70% |
| Property Type: |
2 Family |
Investment Objective |
Passive Rental |
