Purpose: to cash out or replace other financing. Do you need quick cash for a real estate or non-real estate project? This loan type is used frequently to assist in funding another purchase. You are nearly complete with one rehab and find another gem of a project you just can?t let get a way. One strategy can be to refinance your current project to gain funds needed to buy another project or even another non-real estate venture. Do you have a rental property, raw land or a couple projects in inventory? We can provide cash out up to 70% of the current value of your property regardless of condition.
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