Recently Funded: $5,550,000, Residential Rental Portfolio in Kansas City Metro
The borrower wanted a long-term loan with a lower rate and cash-out on a portfolio of 44 single-family rental properties.
While many of the properties appraised well over our minimum property value threshold, some were not valued highly enough. By consolidating the properties into a portfolio, we were able to loan on the average property value.
With this cash-out refinance, we were able to lower the borrower’s previous interest rate by 3 points — and pull out more cash for investing.
We’d like to help you with a cash-out refinance, too. As a nationwide lender for all commercial real estate loans, Boulder Equity Partners offers a wide range of loan programs, from low-interest long-term products to quick-close options, bridge loan programs that can be migrated to long-term, and hard money loans.
Recently Funded: $84,375, Single Family Investment Property in Baton Rouge, LA Recently Funded: $406,000, Multifamily Purchase in Birmingham, AL