Borrower requested a $320,000 loan to refinance a new construction property in Lakeland, Florida. The new property will feature 3 beds and 3 baths at 2,498 sq/ft. The borrower will refinance or sell depending on the market conditions at the time of completion.
Collateral:
Type: Fix and Flip
Description:
Borrower requested a $127,000 loan to purchase a single-family property in Panama City, Florida. The property features 3 beds and 3 baths at 1,806 sq/ft. The borrower plans to list the property for sale after the renovation and sell it as an exit to the loan
- Loan Amount: $127,000
- Date: August 2024