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$1.2M Cash-Out Refinance on Rental Portfolio of 9 Orlando Homes

$1.2M Cash-Out Refinance on Rental Portfolio of 9 Orlando Homes

On behalf of our client, a husband and wife, we obtained a $1.2 million cash-out refinance on their portfolio of rental properties in Orlando, Florida. Their portfolio consists of 9 rental properties (all single-family residences) that they acquired and renovated...
Cash-Out Refinance Lowering Interest Rate from 15% to 2.625%

Cash-Out Refinance Lowering Interest Rate from 15% to 2.625%

Our client, a registered respiratory therapist (RRT), came to us for help to refinance the hard money loan on his Miami property. His interest rate had ballooned to 15%. The challenge with his file was his inability to show 2 consecutive years of income, due to a...