8-Unit Cash Out Refinance in North Carolina

Asheville, North Carolina
Multi-Family and Apartment Investing
3yFollow

8-Unit Cash Out Refinance in North Carolina

Ethan Patrick
El Segundo, CA · Member since 2022 · 2 posts · 1 vote

I am looking to do a Small Cash-out Refinance on a 8-unit multifamily investment property in North Carolina. The property has a 6% cap rate and estimated value of $380,000. Looking to pull out around 200-230k. 

Does anyone have any recommendations on local banks or credit unions in North Carolina that would be able to do this? 

0Reply
21 views

1 Reply

Jump to latestLatest
  • Jerry AgbonPro Member
    Raleigh, NC · Member since 2015 · 60 posts · 19 votes
    3y

    In what town is this property located in NC? Look for the local banks in that town, then reach out to 2 or more to start the process.

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free