Riverside Cottages
5 year fixed rate, 25 year amortization, no prepayment penalty
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934bd/667e299c6cc480823ec93804_map-pin.png)
Rainbow
,
TX
![](https://cdn.prod.website-files.com/667e299c6cc480823ec934e4/667e299c6cc480823ec93ab6_Riverside%20Cottages.jpeg)
Amount: $
806250
StackSource recently closed a cash-out refinancing for this rental property portfolio located in Rainbow, TX. The borrower acquired the portfolio in October 2018 and after successfully increasing rents was able to recoup over $120,000 of his capital in just 12 months. Capital Advisor, Andrew Bouton, was able to negotiate a 5.375% five-year fixed rate loan, with a 25-year amortization for this independent real estate investor.
Deal Team
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