Borrower requested a $535,000 loan to refinance a single-family property in Naples, Florida. The property features 4 beds and 7 baths at 7,240 sq/ft sitting on a 0.82 acre lot. The borrower is selling another investment property simultaneously and will use sale proceeds as an exit to the loan.
Collateral:
Type: Fix and Flip
Description:
This is a $1,505,000 loan request to purchase a stabilized commercial office property located in Tampa, Florida. The collateral consists of a fully occupied, single-story office building containing 10 individual suites and approximately 5,788 square feet of heated space situated on a 14,792-square-foot (0.34-acre) corner lot. The primary exit strategy is to sell a property.
- Loan Amount: $1,505,000
- Date: June 2026
