Assist a well-established, family-owned real estate developer secure additional cash from existing properties for future investments
Find a bank that would have an appetite for a cash-out refinance for residential rental properties located in Morgantown WV and office space in Vienna VA. Then, guide this client through the full underwriting process through to funding.
Secured >$2.45MM in financing from a Northern Virginia-based bank with 75% LTV, 10/20 term, limited PPP, rate of 3.99%, and full treasury management services.