Borrower requested a $150,000 loan, to purchase a $287,500 fix and flip, single family property in Seminole, FL. The borrower is planning a $40,000 remodel which will include a new HVAC system, an addition of a 3rd bedroom, and a complete cosmetic update of the home.
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
