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Feather Ridge Dr, Weeki Wachee, FL Collateral 2: Benes Roush Rd, Brooksville, FL

Collateral:

Feather Ridge Dr, Weeki Wachee, FL
Collateral 2: Benes Roush Rd, Brooksville, FL

Description:

Borrower requested an $80,000 loan to purchase buildable land in Weeki Wachee, Florida. The borrower is collateralizing the property on Benes Roush Rd, which features 2 bedrooms and 1 bathroom 960 sqft MH that is located on 1 acre. The borrower plans to refinance as an exit loan.

Collateral:

Type:

Description:

Borrower requested a $50,000 loan to refinance a single-family property in Tampa, Florida. The asset comprises 4 bedrooms and 2 bathrooms, totalling 1,884 square feet of living space. The borrower anticipates a liquidity event soon that would enable them to pay off the loan in cash as an exit to the loan.

Collateral:

Description:

Borrower requested a $195,000 loan to purchase a mid-construction single-family property in Winter Haven, Florida. Upon completion of the project, the property will feature 2 beds and 2 baths at 1,470 living square feet. The borrower additionally pledged a rental property as collateral to the loan and intends to list the new construction property upon project completion as an exit to the loan.

Collateral:

Type:

Description:

The borrower requested a $380,000 refinance loan for a single-family property located in Spring Hill, FL. The borrower’s long-term strategy is to refinance with a DSCR loan product as an exit to this loan.