Inner Circle Capital Advisors arranged a cash-out refinance for a duplex in Milwaukee, WI. The out-of-state investor had rehabbed and rented out both units and owned the building outright. Inner Circle Capital identified a local credit union that offered favorable rates compared to traditional DSCR options, with nominal prepayment penalties (only applicable if refinanced with another lender) at 75% LTV. The loan term was 7.05% with a 5-year term and $500 renewal fee for 5 additional years.
Capital Advisor: Brett Rasmussen
