Borrower requested a $133,000 fix and flip loan to purchase a $190,000 single-family property in Tampa, Florida. Borrower is completing a $25,000 remodel with their own capital before aiming to sell for a profit. Renovations will be cosmetic, as the 4 points (Roof/AC/Electrical/Plumbing) are to be in good condition.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
