Borrower requested a $124,000 loan to purchase and remodel a single-family home in
Winter Haven Florida, while additionally pledging a cash-flowing single-family rental property in
Mulberry, Florida as collateral for the loan. The single-family home is being purchased for $105,000
and has a $30,000 remodel planned.
Collateral:
Type: Refinance
Description:
This is a $100,000 refinance loan request secured by a single-family property located in Odessa, FL. The subject property, built in 2023, features 4 bedrooms, 3.5 bathrooms, and 3,038 square feet of living space. The exit strategy is the sale of the property
- Loan Amount: $100,000
- Date: April 2026
