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.

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