Updated almost 9 years ago on . Most recent reply
Looking for cash out refinance on six unit in chicago
Hey guys,
I m looking for a cash out refinance on a six unit in chicago which I bought eight months ago. Four of the six units are rented and other two should be rented any day.
Numbers:
Aquisition price: 138k
Rehab : 45k
ARV: 290-300k
Actual income: $3200.00
Potential Income: $4800.00
Tenants pay all utilities
I would need max ltv. Please only experienced lenders and brokers with relationships will be considered.
The property is in Chatham area between 87th and cottage grove.
Offering