QuickLiquidity Closes 1st Mortgage Cash-Out Refinance on 8-Unit Apartment Building in Staten Island, NY

Boca Raton, FL, March 18, 2025: QuickLiquidity, a direct lender specializing in asset-based bridge loans for investment real estate, is pleased to announce the successful closing of a 1st mortgage cash-out refinance secured by an 8-unit apartment building in Staten Island, NY. This transaction underscores QuickLiquidity’s ability to provide fast, flexible financing solutions to real estate investors who need capital without the burdensome requirements of traditional lenders.

The borrower originally purchased the 8-unit apartment building in January 2025 through an all-cash transaction. Shortly after acquiring the property, they sought to leverage their equity to fund additional investments and expand their real estate portfolio. Understanding the need for speed and efficiency, they turned to QuickLiquidity, a lender renowned for closing bridge loans in a matter of days.

Unlike traditional lenders, QuickLiquidity does not require credit checks, personal income verification, or extensive underwriting delays. With the borrower’s investment goals in mind, QuickLiquidity expedited the process, closing the cash-out refinance loan in just seven days from a signed term sheet.

QuickLiquidity’s ability to deliver financing with unmatched speed is a result of its streamlined loan process, which eliminates unnecessary delays. In this case, there was no need for a third-party appraisal, allowing the loan to close faster and with less cost to the borrower. Instead, QuickLiquidity relied on its own internal property evaluation, demonstrating the company’s confidence in its underwriting expertise and commitment to efficiency.

“We understand that time is money in real estate investing, and our goal is to provide our borrowers with fast access to capital so they can seize new opportunities without being held back by red tape,” said A. Yoni Miller, Principal of QuickLiquidity. “This transaction highlights the advantages of working with a direct lender that prioritizes speed, flexibility, and certainty of execution.”

This transaction was brought to QuickLiquidity by a mortgage broker, who played a critical role in connecting the borrower with the right financing solution. QuickLiquidity values its mortgage broker relationships and ensures they are protected by adding their commission to the term sheet upfront and paying them directly from the HUD-1 settlement statement at closing. This commitment to transparency and fairness reinforces QuickLiquidity’s reputation as a lender that brokers can trust.

For real estate investors looking to unlock liquidity from their existing investment properties, QuickLiquidity provides a reliable solution. Whether they need funds for purchasing additional properties, making renovations, or covering unexpected expenses, QuickLiquidity’s asset-based bridge loans offer an efficient way to access capital without the lengthy approval process associated with traditional lenders.

Have questions regarding 1st mortgage bridge loans? Give us a call right now at 561-221-0881.

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