Archive

Posts Tagged ‘Creditline’

Case Study – Revolving Line of Credit

helocOPPORTUNITY: Dedicated commercial real estate client requires a working line of credit to support new periodic commercial real estate investments. In turn, securing long term financing.

PROFESSION: Commercial Real Estate NET WORTH: $39MM

SOLUTION: RLOC

LINE OF CREDIT: $1,500,000

GDSCR: Liquidity: 1 to 1

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Case Study – Increase to HELOC on Primary Residence (Los Angeles)

helocOPPORTUNITY: Refinancing second home with a conforming mortgage, request to increase existing HELOC for funds to pay down.

PROFESSION: Medical/Real Estate NET WORTH: High

SOLUTION: INCREASE TO EXISTING HELOC

Value: $1,600,000

Mortgage: $800,000

LINE OF CREDIT: $500,000

CASE CLOSED JULY, 2012

Case Study – Creditline on Investment Properties for Further RE Investment (Redondo Beach)

helocOPPORTUNITY: Aspiring to lever current investment properties in order to improve and invest in additional investment properties.

PROFESSION: Real Estate NET WORTH: Affluent

SOLUTION: CREDITLINE ON INVESTMENT PROPERTIES

Value: $1,165,000

Mortgage: $510,000

Value: $1,200,000

Mortgage: $570,000

LINE OF CREDIT: $574,000

CASE CLOSED MAY, 2012