Problem: Your existing mortgage has an expensive prepayment penalty. Refinancing your existing mortgage could take months, or you’ve invested in commercial real estate syndication.
Solution:
We provide subordinated debt to commercial real estate investors that are asset rich but temporarily cash-poor.
This loan program allows you to quickly unlock your trapped equity to keep growing your portfolio and take advantage of new real estate opportunities!
Multifamily owners are taking advantage of our unique cash-out equity commercial loan program!
With the Federal Reserve raising interest rates numerous times, interest rates have skyrocketed, but thousands of borrowers still have a fixed rate of 3%-4%.
Even if their property is low-leveraged, it's cost prohibitive to refinance.
Why Choose Us
*No appraisals are needed, ever!
*We can normally close these loans in as little as 1-2 weeks.
We’re seeing a huge national demand right now! We are closing a lot of these commercial real estate cash-out loans, and multifamily owners have expressed their amazement and satisfaction that we do not require an appraisal and can close quickly!
If you know owners of apartments, offices, and multifamily commercial properties that require cash out of their properties, please let them know this program is available!
Documents Required to Start the Process
Documents Required to Start Process:
Due diligence checklist below:
- - Trailing 12-Month Profit & Loss Statements
- - Rent Roll
- - Mortgage Statement for Senior Loan
- - Copy of the Latest Appraisal Report
- - Borrower’s Current PFS + SREO
Direct Lender for Mezzanine Financing
We are focused on stabilized and income-producing commercial real estate.
๐ฐ Loans from $500K to $5 Million
๐ Closings in 2 weeks (no appraisal required, ever)
๐ LTVs up to 75%
๐Lending Nationwide