New Loan Funded

Collateral:

2210 47th Ave Dr W, Bradenton, FL 34207

Description:

Borrower requested a $147,000 loan to purchase a duplex property in Bradenton, Florida. The borrower paid $195,000 and has a $25,000 cosmetic construction budget planned. Borrower owns a construction company and plan to self fund and perform the renovation. The property features 2 units each with 1 bed and 1 bath at 784 sq/ft each. Borrower plans to rent the property post renovation and exit the loan with a long term debt refinance.