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Updated almost 2 years ago on . Most recent reply
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Pull Cash Out of Paid Off Duplex
I am looking for a lender or hard money lender to pull equity (roughly $50,000.00) (term of 2 years) out of recently rehabbed duplex in Cleveland. Duplex is being rented $2400.00 monthly. The funds would be used to repeat what I have done with the current duplex, rehabbing and getting another duplex ready to rent in the Cleveland market.
Thank you,
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Quote from @Randy Hill:
I am looking for a lender or hard money lender to pull equity (roughly $50,000.00) (term of 2 years) out of recently rehabbed duplex in Cleveland. Duplex is being rented $2400.00 monthly. The funds would be used to repeat what I have done with the current duplex, rehabbing and getting another duplex ready to rent in the Cleveland market.
Thank you,
Check out Optimus capital or wildcat lending. If you’re looking for more dscr loans, check with your local bank commercial dept bec they may be more helpful since you have the relationship with them.