Looking for lite doc lender, cash out refi on 3 unit strip mall in WA.

intermediary profile

December 10, 2025

by an intermediary from Gonzaga University in Lake Stevens, WA, USA

Hello, first posting. Admins, if this is not correct location to post please advise. Have borrower looking to complete cash out refi on 3-unit strip mall. Location is not rural or declining. Rents are not stabilized; 1 unit is empty. Cannot go full docs as income is written down. Property is free and clear looking for $650k which is ~60% LTV. DSCR is ~.95 Use of funds is business purposes. Credit is shallow with no derog. Property has been owned 5 years, always free and clear. Won't work for SBA or Conventional CRE loan, looking for "just missed" lending option not hard money. Anyone have a referral?
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commentor profile
Reply by an intermediary
in Philadelphia, PA, USA
I may have a contact for this, I just reached out to him. I’ll reach out to you directly if he can help.
commentor profile
Reply by an intermediary
from Gonzaga University in Lake Stevens, WA, USA
Thx Julius
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