Seeking Mortgage Lender for 70% LTV Cash Out Refis in Las Vegas
Glenn
Plantone has established a reputation for his Team in the Las Vegas
valley by catering to investors looking to cash in on the historically
high cash flow rates currently available in the Las Vegas real estate
market. Glenn has sold over 300 homes to investors since 2009. The
vast majority of these have been single family homes, sold to buyers
paying cash. These clients intend to hold the properties long term in
order to take advantage of their cash flow, tax benefits and
appreciation.
With
interest rates at record lows, Glenn has received numerous requests
from his clients for referrals to a lender who is able to refinance
these homes at around 70% LTV. Glenn’s investor clients want to take
equity out of their current holdings in order to purchase more Las Vegas
foreclosures, REOs, short sales, etc. By doing this they hope to
double or triple their real estate holdings in Las Vegas.
If
you are able to write these types of refinance loans, please contact
Glenn right away. Another element to consider is that many (but not
all) of Glenn’s clients are foreign nationals, with the majority hailing
from Canada or China.
Glenn can be reached at (702) 656-3264 xt: 203
[email protected]
Comments (2)
Usually between 6 months and 3 years. We would like to get 70% LTV but they may take less if that is all that is available. All properties are free and clear. Usually individuals.
Glenn Plantone, about 12 years ago
Questions: How long have they owned the properties? Are you thinking 70% LTV max or less? All properties are free and clear? Are these properties vested as individuals or Corp?
, about 12 years ago