New Loan Funded

Collateral:

4765 Dandelion Dr. Orlando FL 32818

Description:

Borrower requested a $140,000 loan to refinance an inherited single-family property in Orlando, Florida. The borrower inherited the property and plans to make some minor cosmetic updates before leasing the property as a short-term rental. Borrower has experience in operating Airbnb’s, and the estimated as-is value is around $225,000 with an ARV of around $265,000. Borrower plans to refinance as an exit to the loan.