SBEL is your solution when…you want to get “cash out” of your investment property and the banks say “no.”
Situation: Meeno purchased an investment property utilizing the talents of SBEL’s Matt Hadnett and Andy Elliott. After Meeno invested a fair amount of savings renovating his investment, he wanted to access the equity through a line of credit. When he went to the banks, the banks would not grant the equity line.
SBEL Solution: Meeno turned to his “Magicians of Municipal Money Maneuvers” (his words) Andy Elliott and Matt Hadnett at South Bay Equity Lending. SBEL was able to secure a “cash out” refi for Meeno so he could get his working capital/savings back for future endeavors.
“You guys are Magicians of Municipal Money Maneuvers.” – Meeno P.
Picture (L to R): Andy Elliott, Meeno P. and Matt Hadnett enjoying a celebratory meal and cocktails at Tapas & Vino in the Redondo Beach Riviera Village.