Need 75%+ LTV Cash-out refinance on investment triplex ASAP

Need 75%+ LTV Cash-out refinance on investment triplex ASAP

Real Estate Broker · Colorado Springs, CO · Member since 2019 · 21 posts · 16 votes

Just as the title says. I have all my docs ready to go. 655 credit score... I have $200k+ in equity on the home (recently appraised by an independent appraiser). We owe $565k and it's worth $800k. Property is owned by an LLC. We plan on using the funds to cosolidate debt.

Please provide NMLS and link for application. If you feel that we need to get on the phone please give me a text first to schedule it with me. Thanks.

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  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y

    Hi Brandon, 

    You should be able to get a 75 LTV loan at a 650 credit score. The rate will not be that great though. Why not do a bridge loan, fix credit and then rate and term into something more competitive?

    LuxePrivate Investments LLC 570 Reviews
  • Lender · San Diego, CA · Member since 2022 · 235 posts · 94 votes
    1y
    Quote from @Brandon Espino:

    Just as the title says. I have all my docs ready to go. 655 credit score... I have $200k+ in equity on the home (recently appraised by an independent appraiser). We owe $565k and it's worth $800k. Property is owned by an LLC. We plan on using the funds to cosolidate debt.

    Please provide NMLS and link for application. If you feel that we need to get on the phone please give me a text first to schedule it with me. Thanks.


    Hi Brandon, I sent you a DM but I do offer this. With the right info I can send you a quote 

    Plus we offer zero origination points for your first loan with us 

    Let me know if you’d like a quote  

  • Member since 2024 · 100 posts · 13 votes
    1y
    Quote from @Brandon Espino:

    Just as the title says. I have all my docs ready to go. 655 credit score... I have $200k+ in equity on the home (recently appraised by an independent appraiser). We owe $565k and it's worth $800k. Property is owned by an LLC. We plan on using the funds to cosolidate debt.

    Please provide NMLS and link for application. If you feel that we need to get on the phone please give me a text first to schedule it with me. Thanks.

    Hello. Let's discuss. Maybe we can help. 
  • Member since 2024 · 126 posts · 9 votes
    1y
    Quote from @Brandon Espino:

    Just as the title says. I have all my docs ready to go. 655 credit score... I have $200k+ in equity on the home (recently appraised by an independent appraiser). We owe $565k and it's worth $800k. Property is owned by an LLC. We plan on using the funds to cosolidate debt.

    Please provide NMLS and link for application. If you feel that we need to get on the phone please give me a text first to schedule it with me. Thanks.


    I wanted to check in to see if you have any upcoming deals or projects that you might need funding for.
  • Daniel SegoviaPro Member
    Investor · Columbus, OH · Member since 2019 · 107 posts · 15 votes
    1y
    Quote from @Brandon Espino:

    Just as the title says. I have all my docs ready to go. 655 credit score... I have $200k+ in equity on the home (recently appraised by an independent appraiser). We owe $565k and it's worth $800k. Property is owned by an LLC. We plan on using the funds to cosolidate debt.

    Please provide NMLS and link for application. If you feel that we need to get on the phone please give me a text first to schedule it with me. Thanks.


    Are you working on any deal as of late? 

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