We Refinanced Building on Northwest Side of Chicago without Tax Returns!
My client had a property she purchased originally with a construction loan to tear down and build a 4 story condo building. Well, that was in 2007 and you know what happened in 2008.The bank reluctantly converted it into a long-term note but really didn’t want it on...
Gun Store in Western Suburbs was on Verge of Foreclosure!
In 2015 this gun store opened in the western suburbs in a building that the owner was able to secure with a contract for deed (land contract) with a local community bank. This building was a real estate office and had been vacant for many years. The bank was happy to...
Sports Bar in San Antonio Needed $540K – I Didn’t Even Ask to See Their Tax Returns!
My client needed $375K to pay off the seller note for the property his bar was located in before the owner sold it out from under him. He also needed about $165K to re-do the roof and add a beer garden. However, as you know all, banks ask for tax returns to verify...
The Auto Mechanic Said 12 Years is Enough!
Our client had been renting space for his auto repair business for 12 years and decided that 12 years was long enough! The location is considered a hot spot and he wanted to purchase the building before the landlord sold it to developers. His loan application was...
How Do You Borrow $462,000 On A Property with An Income Of Only $2,992?
My client wanted to purchase more real estate to add to her portfolio. She had a 9-unit multi-family property that was free-and-clear that she purchased from the bank a few years back. She wanted to use this property as collateral and get as much cash-out as she...A+ Rating
