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Updated 9 months ago, 04/05/2024

User Stats

47
Posts
9
Votes
Huggy Ford
Pro Member
  • Rental Property Investor
  • Simi Valley Cali
9
Votes |
47
Posts

I need someone who knows Cash out refi or loan for a commercial property

Huggy Ford
Pro Member
  • Rental Property Investor
  • Simi Valley Cali
Posted

Happy Holidays ! I need people who know please . 

I bought the building that my C corp business rents with a LLC company I own. Sold to me for 1.7 I still owe 700k that the old owner carried at 3% interest only now due in February . Rates have limited my options over the past year, but now I have to find a solution asap that makes sense . So a million paid and 700k due no other loans on the property and it's a commercial building in Orange County CA. What is the best way to move forward ?

Thank you for any knowledge 

Huggy

  • Huggy Ford
  • Loading replies...