$252,664,100 In Secured Assets | $140,055,660 In Funded Loans
Cash-Out Refinance
Loan Amount: $525,000.00
Purpose: The borrower cashed out to consolidate and pay off high-cost liabilities
Exit strategy: Regroup and refinance with a conventional lender
Cash-Out Refinance
Loan Amount: $520,000.00
Purpose: The borrower required funds to refinance high-interest debt
Exit strategy: To refinance with a streamlined lender once the property is stabilized
Cash-Out Refinance
Loan Amount: $510,000.00
Purpose: The borrower required funds to cash out and use the funds for a renovation
Exit Strategy: To renovate and flip for a profit
Cash-Out Refinance
Loan Amount: $503,000.00
Purpose: The borrower required funds to upgrade the property and increase earning potential
Exit strategy: To establishing a healthy rent roll and refinance with a mainstream lender at the prevailing rate
Cash-Out Refinance
Loan Amount: $500,000.00
Fix and Flip
Loan Amount: $500,000.00
Purpose: The borrower is an investor that needed money to renovate the property
Exit strategy: To fix and flip for profit
Notes
Cash-Out Refinance
Loan Amount: $495,000.00
Purpose: The borrower used funds to cash out and improve his financial stability and credit rating
Exit Strategy: To improve credit score and cashflow; refinance with a mainstream lende
Cash-Out Refinance
Loan Amount: $485,000.00
Purpose: The borrower required funds to cash out and improve the property to hold for an income stream
Exit Strategy: To renovate and refinance with a mainstream lender at the prevailing rate
Cash-Out Refinance
Loan Amount: $450,000.00
Purpose: The borrower had to refinance to clear an outstanding debt and judgments
Exit strategy: Refinance with a streamlined lender once all credit is cleared
