Borrower requested a $735,000 loan to refinance a single-family property in Belleair Beach, Florida. The property features a pool and 4 Beds and 3 Baths at 2,380 sq/ft. The borrower is planning to lease the property via short term rentals on Airbnb, and plans to replace the roof for around $20,000. Borrower plans to exit the loan with a bank refinance.
Collateral:
Type: Refinance
Description:
Borrower requested a $130,000 loan to refinance a single-family property in Clearwater, Florida. The property features 3 beds and 2 baths at 1,858 sq/ft. The borrower has the property listed for sale and will sell the property as an exit to the loan.
- Loan Amount: $130,000
- Date: April 2024
