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Updated almost 8 years ago,
Portafolio Financing in Souther California
My family and i have two properties free and clear here in CA under an LLC and I would like to use them as a collateral. One is apprised for 550 and the other for 330 with the city im pretty sure current market is higher. How much will be available? I hear usually is up 70%.
I would like to used for down payment for an apartment complex of 20+ units here in CA.
Can any one point me in the direction to a portafolio loan or similar heres in souther California or national thanks in advance