South End Capital Funds a $470,000 Stated Income, 5 Unit Multifamily Cash-Out Refinance Loan, Pays off $88K of Back Real Estate Taxes at Close

We funded this stated income loan (no tax returns) for a 5 unit CA multifamily property in 32 days. We refinanced a $110,000 first mortgage, paid off $88,000 of delinquent real estate taxes and delivered over $240,000 of unrestricted cash-out.