(480) 889-6100 BK-0917799  |  NMLS# 396288

Commercial and Residential Multi Property Re-Fi

Commercial-and-Residential-Multi-Property-Re-Fi

multi-property-re-fi

This investor had a portfolio of properties that he owned free and clear and was looking to pull cash out to work on other ventures. Capital Fund approved and funded the loan within 3 days and they were able to quickly insert the capital into their next project. The investor’s end goal is to refinance the portfolio into a longer term loan but needed to pull the cash out quickly or they would lose out on his other opportunity. Capital Fund was perfect for this situation because of how quickly we approved and closed the loan as well as not charging any prepayment penalties when the long process with a traditional bank is finalized and they refinance into long term financing.

The terms given on this specific loan are as follows:

Loan Amount: $1,950,000
Term: 12-months
Interest Rate: 12%
Loan Type: Re-Fi
Building Type: SFR/Condo/Office

Leave a Reply

Contact Us

Find Us

  • 14555 N Scottsdale Rd #200
    Scottsdale, AZ 85254
  • Phone: 480.889.6100
  • Fax: 480.361.8628
  • Hours: Mon-Fri 8am-5pm

Latest Posts

  • Best Arizona Cities for Real Estate Investment Properties
    Best Arizona Cities for Real Estate Investments
    A study by Smart Asset was recently published on the best cities to purchase a real estate investment properties.  On that list, there were several Arizona cities among the top 10.  Mesa, Glendale, and Phoenix made the top 10, while Gilbert fell just short in the number...
    Read more
  • How to Prepare for the Next Recession
    How to Prepare for the Next Recession
    Economists agree that we are heading towards a recession.  They don’t know exactly when it will hit and what will cause it is still vague, but it is coming and something to expect.  This isn’t something new however, our economy tends to work itself into a cycle...
    Read more