From Owner to Client: Why I Locked a 6.5% Cash-Out Refi with Ternus

There’s something powerful about being both the founder of a company and a customer. This month, I locked in a 30-year fixed cash-out refinance on one of my rental properties in Garland, Texas — through Ternus. And I couldn’t be more proud of what we’re offering investors.

Here’s the deal I locked in:

• 6.5% interest rate
• 30-year fixed term
• 75% loan-to-value (LTV)
• Cash-out refinance

I paid a 2% origination fee, and all-in with title and closing costs, my total transaction costs came to around 4%. In return, I walked away from the closing table with over $45,000 in tax-free cash — and I plan to put every bit of that to work earning 12% interest by investing in hard money notes from Ternus.

Let me back up and share some context.

We bought this property back in 2018. It was a standard MLS deal — nothing fancy — purchased for $142,000. We’ve held it as a long-term rental ever since. Today, it just appraised at over $300,000. We’ve already refinanced once before, and now with this cash-out, we officially have zero dollars of our own money in the deal. That’s not an exaggeration. Zero. Actually, a lot less than zero. We’re more than $50,000 in the plus column.

That means our return on investment is infinite — because we have no money left in the property, yet it continues to generate monthly cash flow and now has unlocked working capital to reinvest elsewhere.

This is the magic of real estate investing done right:

• Buy smart
• Hold patiently
• Leverage wisely
• Reinvest consistently

And it’s exactly the type of opportunity we want to help other investors access through Ternus.

I didn’t just choose Ternus because I’m the CEO. I chose it because our platform is built by investors, for investors. We understand speed, clarity, and long-term strategy — because we live it every day.

If you’re sitting on equity, don’t let it go to waste. Reach out to Ternus and see what a smart refinance could do for your portfolio. You might just find a way to pull cash, improve your ROI, and grow faster — just like I did.

God bless real estate investing. Now go make your ROI.

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