Partner Buyouts: Removing a Partner Using Your Building's Equity
Partner exits are hostile enough without bank underwriters probing your personal finances. How to use the building's equity to buy them out.
Two partners own a business and the commercial building it operates in. One wants out, or needs to be removed.
The remaining partner rarely has the personal cash to execute the buyout, and they can't qualify for a bank loan because their personal debt-to-income (DTI) ratio is already maxed out from the existing business operations. The deal stalls, creating operational paralysis.
The solution is locked in the concrete.
CFGX executes a cash-out refinance on the owner-occupied building to fund the buyout. We underwrite the asset and the unaudited P&L of the business. We do not require the remaining partner's tax returns. We do not ask for personal financial statements. We do not calculate a personal DSCR ratio.
The property is the borrower. Extract the equity, remove the partner, and lock in a 30-year fixed rate. Qualify once and get back to running your business.
Text 'ACQUIRE', the property address, and loan amount to Scenario Desk at 332-241-8100.
