Looking for a line of credit or cash out refi on a seven unit apartment house in Maine. It is owned free and clear and generates about $4500 gross monthly. We are looking for between $150-200K. The funds would be used to build our portfolio and grow our already successful business. Thank you for your interest
Aaron, We have up to $300,000 waiting for you to build your portfolio if you are operating your real estate business or any business as a an LLC. Corporation or any legal business entity. see how it works and apply with a click below:
Aaron, maybe we can help you with this loan, but first please answer the following questions:
1. The type of property you have I understand it is a seven unit apartment house. 2. The property is in what city in Maine? And I understand this is a cash out refi. I thank you in advance for answering these question, and I hope you give us the opportunity. If not thanks anyway.
Thank you for your interest. Yes it’s a Seven unit which places it in the commercial category. It’s located in West Enfield ME. We would consider a cash out refi but would probably prefer a line of credit
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