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Updated about 7 years ago on . Most recent reply
Cash Out Financing w 3 Buildings in an LLC
We have owned 3 rental properties with a total of 7 rental units in Buffalo NY for over 5 years
They have no mortgages and are held in a single LLC. We are looking to take cash out (70-80%) of these properties but because we do not live in the Buffalo area, the local banks will not write us a mortgage. The banks where we live (Downstate NY) will not lend on properties in Buffalo.
The financials on these properties is excellent.
Does anyone have any solutions to our problem?
Thanks
Tim
Most Popular Reply
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- Lender
- Lake Oswego OR Summerlin, NV
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Instead of pointing you in the right direction LOL code for call me :) just being factious.
try these lenders
Lima One
Lendingone
Realty shares
LendinghomE
Peak
Cogo Capital
I bet one of them will fill the need
good luck
- Jay Hinrichs
- Podcast Guest on Show #222
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