$176,250 SFR Cash-Out Refinance Bridge Loan

Cash-Out Refinance on Lawton, OK Single-Family Residence:
Easy Street Capital recently facilitated a Cash-Out Refinance on a Single-Family Residence in Lawton, OK, with a loan amount of $176,250 and a competitive interest rate of 9.500%. The purpose of this transaction was to access equity in a rental property, which was a single-family residence. The borrowers, who are seasoned industry professionals with a wealth of experience in remodeling homes, leveraged the value they created through extensive renovations on the subject property. With a Loan-to-Value (LTV) of 75.0%, this DSCR Short Term Rental Loan not only helped refinance existing debt but also provided capital for the rehabilitation of their other investment properties. This financial move showcases their commitment to growing and improving their real estate investment portfolio. Easy Street Capital is proud to support these experienced investors in achieving their goals.