Financing Options in the South Shore Area

[Calvin Lipscomb]

Seeking some financial solutions for a cash-out refinance.  My group purchased a property with cash while our long term financing application was being processed .  There was 1 non-performing tenant that we were aware of and then at the start of the month another tenant moved out and our financing moved out too.  We had contingencies plans for a solid re-stabilization of the property if needed.  So now we are seeking short term financing, 6 months, at a loan to value of 50% to 60% to do more of our immediate repairs, upgrades, and secure our next property.  What are some best approaches to make lenders "more comfortable" with lending to our group.  

[Michele B.]

How many tenants are there altogether? How much are you holding back during stabilization? How much is the loan for total?  What is the experience of the people involved  Tag me so I can answer back Please.