San Antonio, TX
Property: Single Family Rental (1-4 unit) Portfolio
Deal Type: Cash-Out Refinance
Loan Amount: $425,000
Our borrower contacted us in the middle of March for a cash-out refinance of a portfolio consisting of three single family residences located in the San Antonio, TX area. The purpose of this loan was to acquire additional rental properties. Our borrower received multiple offers from other lenders, however, our borrower chose to go with Stronghill Capital due to our competitive financing. The whole process took approximately 45 days from start to finish.