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: Refinance
Description:
This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.
- Loan Amount: $400,000
- Date: October 2025
