3,536 SQ FT – Multi-Family Unit – Cash-Out Refinance

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Property Location: East St. Louis, IL

Property Value: $50,000

Loan Amount: $20,000

Loan Term: 24 Months

Interest Rate: 12%

Closed In: 3 Weeks

Repeat borrower needed funds to purchase another rental property, she pledged this free and clear multi-unit building as collateral.