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Multifamily Finance - 2.99% and Cash Out
Multifamily Finance with rates as low as 2.99% and with available options to pull cash out during the refinance of stabilized multifamily assets is a reality in this competitive multifamily finance environment. With rates as low as 2.99% refinance of you multifamily finance loan may be a great way to increase cash flows drastically.
Proper Multifamily Finance Increase Cash Flow
A refinance of existing multifamily debt using the correct multifamily finance strategy can net an investor thosands of dollars per year in cash flow. A 2-3% decrease in the interest rate creates such huge monthly savings and cash low increases that it makes sense to refinance existnig debt even it there is a prepayment penalty. As a general rule in multifamily finance rules it is acceptable to pay the penalty when the cash flow savings can recoup the amount of the penalty in less than 18-24 months.
How much more could you do with an extra $10,000 to $20,000 per month in cash flow. Using the correct multfimaly finance vehicle can create these types of increases. It is very simple, the right amortization term coupled with a low interest rate makes it all possible.
Learn More about Multifamily Finance
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