75%
Loan to Value
$123,750
Total Loan
Ben
Shrara
Unlocking the Power of Equity for a Lucrative Deal
Case Study I DSCR
An experienced investor strategically leveraged their equity from their rental properties through a cash-out refinance, racing against tight deadlines to quickly secure a promising new property.
75%
Loan to Value
$123,750
Total Loan
Ben
Shrara
The Stats
$123,750
Total Loan Amount
7.375%
Interest Rate
75%
Loan To Value
1.404
DSCR
The Stats
$123,750
Total Loan
Amount
7.375%
Interest
Rate
75%
Loan To
Value
1.404
DSCR
Overview
Loan Program Used
DSCR
Closing Date
November 1st, 2024
Location
Warner Robins, GA
Property Type
Single Family
Goals
Secure a timely 75% LTV cash-out refinance to fund an impending purchase within a tight deadline.
3 min read
Project Summary
In a compelling demonstration of financial acumen and strategic partnership, a seasoned investor leveraged the expertise of Ben Shrara and the dedicated team at Express Capital Financing to turn a complex financial challenge into a triumphant investment opportunity.
Explore how a seasoned investor, with an extensive portfolio of rental units leveraged his assets in a bold move: pulling equity through a cash-out refinance to fund a new acquisition. With the expertise of Loan Officer Ben Shrara and the dynamic support of Express Capital Financing, this case study exemplifies the pivotal role of astute financial partnerships in real estate investments.
The Challenge
The investor, focused on expanding their real estate portfolio, faced a significant challenge: the need to rapidly mobilize funds for an upcoming property acquisition in Warner Robins, Georgia. The strategy involved leveraging equity from two existing properties through a cash-out refinance to achieve a 75% loan-to-value (LTV) ratio at a competitive interest rate.
The critical aspect of this deal was the stringent timeline. The investor needed to secure the funds quickly to ensure the acquisition could proceed without delay. The objective for Ben was clear, to navigate through the financial intricacies effectively to guarantee the capital was available in time to capitalize on a valuable investment opportunity.
The Solution
Recognizing the urgency and complexity of the situation, Ben and the team at Express Capital Financing rose to the occasion with exceptional efficiency and expertise. They transformed the challenge into a seamless experience, processing the loan and moving the deal to closing in an impressive timeframe of less than three weeks.
Rapid Processing: Ben streamlined the application, approval, and closing processes, significantly cutting down the usual timeline.
Competitive Financing: He ensured the investor received a favorable interest rate, which was critical for maximizing the return on the new investment.
Customized Expertise: Ben provided tailored advice to align with the investor’s strategic financial goals throughout the process.
Total Loan Amount: $123,750
Interest Rate: 7.375%
Loan To Value (LTV): 75%
DSCR: 1.404
Key Takeaways
The investor successfully received the necessary funds from the cash-out refinance, empowering them to move forward with the purchase of the new property. This pivotal deal underscores the undeniable value of having a forward-thinking and resourceful lending partner by your side.
- Professional Expertise: The foresight and industry knowledge of Ben Shrara were pivotal in structuring a loan that aligned with the investor’s goals and timelines, illustrating the importance of choosing the right financial partner.
- Customized Financial Solutions: Express Capital Financing’s ability to tailor loan products to the unique requirements of their clients, and their agility in processing, stand out as key differentiators in the competitive landscape of real estate financing.
- Timeliness and Efficiency: The quick turnaround in closing the deal underscores the significance of working with a lender capable of meeting tight deadlines, crucial for investors looking to capitalize on timely market opportunities.
The Fast Track to Portfolio Expansion
If the complexities of financing have ever slowed down your real estate deals, let this be the last time. Express Capital Financing is here to help. With the guidance of our experienced professional, Ben Shrara, we specialize in tailored DSCR loans that directly address your unique challenges. Contact us today for a DSCR loan solution that truly recognizes the value of your portfolio and drives your project to success.
Featured Topics
Overview
Loan Program Used
DSCR
Closing Date
November 1st, 2024
Location
Warner Robins, GA
Property Type
Single Family
Goals
Secure a timely 75% LTV cash-out refinance to fund an impending purchase within a tight deadline.
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