Rodeo Capital, Inc. Closes a $3,800,000 Business Purpose SFR Refinance in Las Vegas, Nevada...
DEAL HIGHLIGHTS:
60% Loan to Value
The subject property is a beautifully appointed 9,674 square foot modern designed home with 5 Beds/ 4.5 baths on a 1.39 acre lot with mountain views located in a guard gated development around a signature golf course. Borrower uses the home as both a high end weekly rental and also as a corporate retreat for his many businesses. The new loan by Rodeo allowed borrower to reimburse his company that had recently paid off a matured mortgage and take additional cash out to fund an acquisition for the borrower’s business. Borrower will exit our loan through proceeds from his business expansion or by a conventional refinance.
To View this and other recently closed transactions; please visit our Recent Fundings Page on our website at: https://rodeocapital.com/rodeo-capital-inc-closes-a-3800000-business-purpose-sfr-refinance-in-las-vegas-nevada/
To learn more about these loans or our overall lending capabilities, please contact Marc Rabkin at 310-909-7334 or [email protected]