Borrower requested a $200,000 refinance loan secured by a single-family residence in Tampa, Florida. Built in 1980, the property features 3 bedrooms, 2 bathrooms, and 1,562 square feet of living space situated on a 0.19-acre lot. Upon completion of the renovations, the borrower intends to refinance into a long-term DSCR loan as the exit strategy.

This is a $265,000 loan request for a single-family property in Miami, Florida. The collateral is a 1960-built CBS single-family residence, 974 SF heated area, 3 bedrooms / 2 bathrooms on a 7,500 SF lot.