Memphis 48-Door Portfolio Refi

4.25% rate, 70% LTV, cash out refi
Amount: $

StackSource recently closed a cash out refinance loan for a Memphis based investor that had acquired a large portfolio of single family rental homes in the greater Memphis area.  The sponsor was seeking a refinance to primarily pull out equity, consolidate loans and lock into a longer and lower fixed rate.  StackSource Capital Advisor Chris Peters arranged financing with a private lender that was able to offer cash out up to 70% LTV and a 30-year fixed rate at 4.25%.

Deal Team

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