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Updated almost 5 years ago on .

User Stats

138
Posts
84
Votes
Seth Wilcock
  • Lender
  • Nashville, IN
84
Votes |
138
Posts

Commercial Cash Out - 7 units

Seth Wilcock
  • Lender
  • Nashville, IN
Posted

What LTV can lenders go to on a commercial cash out refi? 7 units in Indiana. 

$110K acquisition + $100K rehab and $300K ARV? Acquisition + rehab would be paid for with cash, so no lines at the time of application.

$3,500/mo gross rent. Superb credit. 

  • Seth Wilcock
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