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Updated about 9 years ago on . Most recent reply

Julia Breheny's profile image
Julia Breheny's profile image
Julia Breheny
  • Investor
  • from Seminole, Florida
  • Member since Jan 23, 2015

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Julia Breheny's profile image
Julia Breheny's profile image
Julia Breheny
  • Investor
  • from Seminole, Florida
  • Member since Jan 23, 2015
Julia Breheny
  • Investor
  • Seminole, FL
8
Votes |
21
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Classifieds

Need to Refi a Vacation Rental in Seminole, FL

Julia Breheny
  • Investor
  • Seminole, FL
Posted

We are looking to refinance our vacation rental into a longer term, amortized loan and pull out some equity. Current loan is 40% of the ARV. This home is a furnished vacation rental that has been in business for 2 years with 98% occupancy. Great investment for lending.

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Jim Lally's profile image
Jim Lally's profile image
Jim Lally
  • Investor
  • from Middletown, RI
  • Member since Feb 8, 2008

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Jim Lally's profile image
Jim Lally's profile image
Jim Lally
  • Investor
  • from Middletown, RI
  • Member since Feb 8, 2008
Jim Lally
  • Investor
  • Middletown, RI
27
Votes |
174
Posts
Jim Lally
  • Investor
  • Middletown, RI
Replied

Hi Julia how much are you looking to refinance and cash out?  Is there a balloon payment on your current loan?  Have you already pursued conventional bank refinancing?  We may have some programs that will work for you.   Please contact me at:  [email protected] 

I look forward to hearing back from you! 

Jim

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