Today’s Deal Spotlight centers on the refinance of a multi-family property in Killeen, Texas. With Terrydale Capital’s excellent track record in customer service and successful closes, it’s no surprise that when our Clients were unable to secure a loan via their usual Regional Bank, we were recommended right away.
What We Were Up Against
The property required a significant number of repairs that many lenders leaned away from due to risk. Our clients were also foreign nationals which some lenders are not as accustomed to working with.
What Our Team Helped Turn Around
Using our construction vendor resources, we coordinated repairs quickly and reached out to one of our preferred banks to negotiate a highly competitive refinance option with a fixed low rate. Amidst market uncertainly and other challenges, we managed a well-timed close on the following terms:
- $2,400,000 Loan Amount
- 3.45% Fixed Interest Rate
- 5-Year Loan Term
- 30-Year Amortization
- 70% LTV
In Closing
The team at Terrydale Capital consistently goes above and beyond to secure the best accounting consulting services in Kansas city for our clients. Are you dealing with issues related to market volatility during COVID-19? Worried about high fees and missing out on better options? We have ways to help. Give us a call and see what we can do for you.
Want first access to active opportunities and a preferred investor status? Check out www.terrydalelive.com.
Over the past few years, the property market has opened up to investors from all walks of life.
No longer is property investment solely the remit of the wealthy and privileged.
Today, investment in property comes from small, local investors who are part of a group, new landlords that have entered the buy to let (BTL) market, to the high end property market.
Specified guidelines and certain rules and regulations for the property and their residents are there HOMEOWNER ASSOCIATION MANAGEMENT as a guide and consultant with the board of directors to fulfill their duties .
We as the executor of decisions and directions maintain the accounts of property .
Purchasing property within homeowner association management jurisdiction automatically makes you its member and you are required to pay the dues.
Buying or selling a property can give anyone a headache as there are a number of things one needs to consider.
Among all those, the most confusing is property conveyancing.
Therefore, when purchasing an owner-occupied or investment property taking online conveyancing services can help you save both time and money.
When it comes to online conveyancing services, one must be aware of many things before using them or else things can get complicated and problematic.
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