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Updated over 6 years ago on . Most recent reply
Looking to refinance Daytona Beach Rental
Looking to refinance a long term rental property. No cash out- just pay off existing lender.
Amount due to lender- $68,000
Appraisal- Came in at $69,000 as is and $125,000 ARV
Rehab needed to bring property to $125,000 ARV value- $15,000-$20,000
Rented for $850 to long term renter
Ledger from management company available
I have a few properties with this type of equity - let me know if you'd be interested in financing these.
Offering