$600,000+ multifamily deal- collateralize or cash out
Cash out refinance or cross colateralize with 2 condos listed for $199,000 and $229,000. I owe $150k between the two and tapping into the equity to purchase a $650k complex. Interviewing on Nov 17th and 19th lenders in person and over the phone. Current lenders don't want to give up complex and are very competitive to the financing for buyer. Open to other offers.
Links to condos I own that I will cross colateralize with or cash out of:
535 Rarity Bay Parkway #107 Vonore, TN 37885
http://www.trulia.com/property/3214710046-535-Rarity-Bay-Pkwy-107-Vonore-TN-37885
535 Rarity Bay Parkway #206 Vonore, TN 37885
http://www.trulia.com/property/3083042128-535-Rarity-Bay-Pkwy-206-Vonore-TN-37885
Apartment complex I am buying: $105,000 GOI and $60,500 NOI. Great Cap Rate and more potential.
Paul
865-382-4338
Please PM me or call me directly.