Refinancing your Inherited Property
At AHL Money Resources, our private investors get many requests to help clients who have inherited a condo, vacation home, rental home or owner-occupied home in Florida and need to pull cash out
of the property. Many siblings inherit a home in Florida after their relatives will it to them and many time the home is behind on property taxes or they have a need to get cash out of the home but banks will not assist them.
If you have bad credit limited income and your self employed in Florida and you inherited a home we have a portal of many private investors who can help you get the cash you need out of the property. Our private investors will need to see if the home has come out of probate if the probate is finished, then they can get you the funds you need within a week of your request assuming your title is clear of judgement and liens.
Many borrowers who have inherited a home do not live in Florida they live out of state and need someone who knows the area and can asses the true value of the property. At Ahl Money Resources we have private investors who cover the whole state and can act in a timely manner to you request and our investor will personally inspect the property and call you directly to give you the personal service you expect and require.
Its a very quick easy and fast process to get the hard money funds you need on your Florida inherited cash out refinance. Our investors typically go as low as 20k to 1 million. Make sense underwriting, self-employed borrows okay, no bank hassles, many times no appraisal if the property is paid off or free and clear.
The main thing to remember when you inherit or have been willed a Florida property is if you have several siblings and each have and equal share everyone must agree to the refinance and must go through probate. If you are a sole sibling and inherit property, then you have no issues unless theres liens on the property you inherit and they must be paid off in the loan. Inheriting a home in Florida is a good thing and gives you more collateral but please deal with experts and specialists who have hard money investors who specialize in this refinance request
and can guide you through the process and get you the capital and funds you need in 14 days or less. Loan to values our investors entertained would be capped at 60% and they usually go down to 30k up to 1 million dollar loan request.