Deal Overview
- Location: Silver Spring, Maryland
- Loan Type: Equity Pull / Refinance
- Property Type: Residential Real Estate
- Loan Amount: $670,000
- Closing Timeline: 21 Days
- Borrower Type: Real Estate Business with Multiple Partners
The Challenge
The borrower owned multiple residential properties and needed to pull equity via refinance. However, they faced several hurdles:
- High debt-to-income ratio
- Unfiled taxes and outdated financials
- Multiple owners on title
- Previously declined by traditional banks
Our Solution
We structured three separate refinances—one for each property—completing all three simultaneously without combining them into a blanket loan. This provided the client flexibility and access to cash while maintaining clean ownership structures.
The Outcome
- Equity was successfully pulled from all three properties
- Funds were used to stabilize the business and pay down debts
- Borrower retained control of assets with no need for restructuring
- The process was completed in just 21 business days, despite multiple complexities
Why It Matters
Traditional lenders walked away from this deal. We stepped in, solved the puzzle, and funded all three refinances on time—no blanket loan, no red tape.